ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Amit marked up an article of cost price Rs. 500 by

    certain percent and then sold it at discount of 20%. He suffered a loss of 12% in the whole transaction. Find the mark up percentage.┬а
    A 10% Correct Answer Incorrect Answer
    B 12.5% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 13.75% Correct Answer Incorrect Answer

    Solution

    Selling price of the article = 0.88 ├Ч 500 = Rs. 440 Marked price of the article = 440/0.80 = Rs. 550 Required percentage = {(550 тАУ 500)/500} ├Ч 100 = 10%

    Practice Next
    More Profit and loss Questions

    Relevant for Exams:

    ask-question