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(C) Let the printed price $(M.P)$ be $Rs. 100$.Since the retailer gets a discount of $40 \%$,the cost price $(C.P)$ for the retailer is $100 - 40 = Rs

Vedclass · Accepted Answer

$66\frac{2}{3}$

Vedclass · Answer

(C) Let the printed price $(M.P)$ be $Rs. 100$.Since the retailer gets a discount of $40 \%$,the cost price $(C.P)$ for the retailer is $100 - 40 = Rs. 60$.The retailer sells the article at the printed price,so the selling price $(S.P)$ is $Rs. 100$.The gain is $S.P - C.P = 100 - 60 = Rs. 40$.The gain percentage is calculated as $\frac{	ext{Gain}}{C.P} 	imes 100$.Gain $\% = \frac{40}{60} 	imes 100 = \frac{2}{3} 	imes 100 = 66\frac{2}{3} \%$.

$A$ retailer gets a discount of $40 \%$ on the printed price of an article. The retailer sells it at the printed price. His gain percent is

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