The marked price of an article is ₹800 and it is sold at a discount of 19%. If there is a gain of 8%, then by what percent above the cost price was the article marked?
Answer & explanation
Correct answer: option 2
CP MRP
(100-19) (100+8)
81 108
↓ ↓
---------------------
27
Required % = \(\frac{27}{81}\) × 100 = 33.33%