Question
A bag of cost price of Rs. 10000 is marked up by a
certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a loss of 25% in the transaction, then find the discount percent offered?Solution
ATQ, Selling price of the bag = 0.75 × 10000 = Rs. 7500 Let the markup percentage be x% and the discount percentage offered be 2x%. Therefore, Marked price = 10000 + x% of 10000 = Rs. (10000 + 100x) Discount = 2x% of (10000 + 100x) Therefore, selling price = 10000 + 100x – 200x = 7500 Or, x2 + 100x – 2500 = 0 On solving, x = −100 and 10 Therefore, Discount percentage = 2x=20%.
Cashfree Payments and _______ have come together to offer ‘Global Collections’, an international collection service for exporters, who are account h...
What is the theme for World Hydrography Day 2024?
Which former New Zealand cricketer announced his retirement from all forms of cricket?
What is the duration of the Awaza Programme of Action (APoA) adopted during LLDC3?
Kevin O’Brien is from which country who recently announced his retirement from international cricket?
Which public sector bank has launched the e-Bank Guarantee (e-BG) facility with National e-Governance Services Limited (NeSL) to reduce the time in loan...
What was the occasion on which the BrahMos Aerospace facility in Lucknow was inaugurated?
For the first time, fresh figs from Purandar taluka of Maharashtra's Pune district with GI tags have been exported to which country in Europe?
Who replaced Ajay Seth as Director on the Central Board of RBI in July 2025?
Which organization played a pivotal role in designing the Project 17A warships, including India's latest warship Mahendragiri, showcasing the country's ...
Relevant for Exams:
