Mathematics · Profit and Loss

An item is marked 50% above its cost price. Even after offering a discount, the shopkeeper still makes a profit of 14%. Find the percentage discount offered by the shopkeeper.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

120%
222%
323%
424%✓

Correct answer

24%

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An item is marked 50% above its cost price. Even after offering a discount, the shopkeeper still makes a profit of 14%. Find the percentage discount offered by the shopkeeper.

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An item is marked 50% above its cost price. Even after offering a discount, the shopkeeper still makes a profit of 14%. Find the percentage discount offered by the shopkeeper.

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