Question

    A laptop is given a discount of Rs. 2500, which is Rs. 1000

    less than the profit made on the sale. If the cost price of the laptop is Rs. 2000, find out the mark-up percentage.
    A 442% Correct Answer Incorrect Answer
    B 580% Correct Answer Incorrect Answer
    C 300% Correct Answer Incorrect Answer
    D 450% Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Given, Discount = Rs. 2500, Cost price = Rs. 2000

    Also, Profit = 2500 + 1000 = Rs. 3500

    Selling price = 2000 + 3500 = Rs. 5500

    Marked price = 5500 + 2500 = Rs. 8000

    So, required percentage = {(8000 - 2000) /2000} × 100 = 300%

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