A man sells a bicycle at marked price which is 30% higher than the cost price. If he gives some discount and sells it at Rs. 150 less than the marked price, he would still gain 20%. What is the percentage of discount offered ?

A man sells a bicycle at marked price which is 30% higher than the cos

1.	A man sells a bicycle at marked price which is 30% higher than the cost price. If he gives some discount and sells it at Rs. 150 less than the marked price, he would still gain 20%. What is the percentage of discount offered ?
A.	.69%
B.	.83%
C.	.54%
D.	.23%
Answer» B. .83%

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A man sells a bicycle at marked price which is 30% higher than the cost price. If he gives some discount and sells it at Rs. 150 less than the marked price, he would still gain 20%. What is the percentage of discount offered ?

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