A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is = ?

A shopkeeper fixes the marked price of an item 35% above its cost pric

1.	A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is = ?
A.	0%
B.	7%
C.	1%
D.	3%
Answer» B. 7%

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A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is = ?

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