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      Question

      A retailer allows a trade discount of 25% and a further

      discount of 8% on the marked price of the products, if paid along with his shop’s membership card. He makes a net profit of 15% on the cost. By what percentage are the products marked up by him?
      A 66(2/3)% Correct Answer Incorrect Answer
      B 84(1/3)% Correct Answer Incorrect Answer
      C 59(2/3)% Correct Answer Incorrect Answer
      D 46(1/3)% Correct Answer Incorrect Answer

      Solution

      Let: Cost Price (CP) = ₹100 Profit = 15% ⇒ Selling Price (SP) = ₹115 Let Marked Price = x Discounts: 25% trade discount → 75% of x = 0.75x Additional 8% → 92% of that = 0.75x × 0.92 = 0.69x So: Markup % =

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