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  1. By selling an umbrella for Rs. 30, a shop-keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10%. Find his gain percent during the sale season.
    1. 8
    2. 7
    3. 9
    4. 7
      1
      2
Correct Option: A

Given that , Selling price of an umbrella = Rs. 30
At gains 20% ,

C.P. of umbrella =
100
× 30 = Rs. 25
120

S.P. of umbrella after 10% discount = Rs.30 × 90 = Rs. 27
100

Gain = 27 - 25 = Rs. 2
∴ Required gain percent = 2 × 100%
25

Required gain percent =
200
= 8%
25



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