What is the highest % discount(approximately) that a trader can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 60%? Answer : Let CP= Rs 100 MP= Rs100+60=160 Discount= x% then, 160*[100-x/100] =100 100-x=100*100/160 x=37.5%...
A shopkeeper sells a cricket bat whose marked price is Rs.60 at a discount of 20% and gives a ball costing Rs.3 free with each bat. Even then he makes a profit of 25%. His cost per bat is. Answer : Marked price = Rs.60 Selling price = Rs [(80/100 * 60) – 3] = Rs.45 Let cost price brRs ‘x’. Then 125% of x = 45 (125/100 * x) = 45 Cost price of one bat = Rs.36...
The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave ... another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi? Answer : Let the cost price be Rs. 100 Then, market price is Rs. 150 Now, the first discount is of 33% Rs.150 =Rs. 50 Hence, its selling price = 150 - 50 = Rs. 100 since vadi's ... further discount will be equal to loss % The next discount of 14.5% will be the loss percentage to vadi ...
In order that there may be a profit of 15% after allowing a discount of 10% on the marked price, The marked price of an book has to be increased by %? Answer : Mp= Rs x Sp= 90x/100= 9x/10 Mp= 9x/10*100/115=18x/23 Mp has increased by (x-18x/23)/(18x/23)*100 =27.7%...
Deepak selling a product at 48% discount, he incurs a loss of 10%. The marked price of the product is 15000 Rs. At what percent discount he should sell the product so as to have a profit of 30%. Answer : Mp=15000==>Sp= 15000*0.52= 7800. Loss of 10% is there==>Cp= 7800/ 0.90= RS.8666.66 Profit of 30% = 6000*1.15=11266.66 Discount should be Rs2600 Discount % should be {2600/15000}*100 =17.3%...
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