A shopkeeper allows a discount of 20% on the marked price. How much above the cost price should he mark his goods to gain 8%?

A shopkeeper allows a discount of 20% on the marked price. How much ab

1.	A shopkeeper allows a discount of 20% on the marked price. How much above the cost price should he mark his goods to gain 8%?
A.	30%
B.	35%
C.	40%
D.	45%
Answer» C. 40%

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A shopkeeper allows a discount of 20% on the marked price. How much above the cost price should he mark his goods to gain 8%?

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