The marked price of an item is 25% above its cost price. A shopkeeper sells it, allowing a discount of x % on the marked price. If he incurs a loss of 8%, then the value of x is

25.6% 26.8% 26.4% 25.2%

26.4%

25 – m – (\(\frac{25m}{100}\)) = -8 25 – m – \(\frac{m}{4}\) = -8 \(\frac{5m}{4}\) = 33 m = \(\frac{132}{5}\) = 26.4%