New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Snap deal wishes to gain 35% after allowing 10%

    discount on the market price to his customers. At what percent higher than the cost price must they mark their goods?
    A 25% Correct Answer Incorrect Answer
    B 35% Correct Answer Incorrect Answer
    C 50% Correct Answer Incorrect Answer
    D 20% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let the cost price of goods = 100 SP of goods = 135% of 100 = 135 MP of goods = 135 × 100/90 = 150 Difference of MP and CP = 150 - 100 = 50 Difference% =  50/100 × 100 = 50%

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