Question

An item is marked up by Q% above its cost price. If a

Q: Answer-An item is marked up by Q% above its cost price. If a shopkeeper gives a 30% discount and still make...

Let Cost Price CP 100. Marked Price MP 100 Q. After a 30 discount Selling Price SP 100 Q 0.70. Given that profit is 40 SP 100 1.40 140. So, 0.70 100 Q 140. 100 Q 200 Q 100. To achieve a 65 profit Required SP 100 1.65 165. New discount D on marked price 200 165 200 1 - D. 1 - D 165200 0.825. D 0.175. The required discount is 17.5.

shopkeeper gives a 30% discount and still makes a profit of 40%, what discount should be given to achieve a profit of 65%?

A 12.5%

B 15%

C 17.5%

D 20%

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Management Aptitude Test (MAT)

An item is marked up by Q% above its cost price. If a

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