Question

Even after allowing a discount of 40% on the marked price, a shopkeeper earns 50 % profit. By what percentage has the marked price been marked up above the cost price?

Q: Even after allowing a discount of 40% on the marked price, a shopkeeper earns 50 % profit. By what p

Let Marked Price = Rs. 100 &there4; S.P. = Rs. 60 Profit % = 50 % &there4; C.P = 60 `xx100/150` = Rs.40 &there4; Required % = `(100-40)/40xx` 100 = 150%

A 120%

B 140%

C 150%

D 160%

E None of these

Download PDF Practice Next

More Profit and loss Questions

A’ and ‘B’ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If ‘A’ invested his sum for only 4 months and the total annual profit earned by them together is Rs. 10250, then find the total profit earned by ‘B’.
A trader allows two successive discounts of 25% and 10% on selling an article. If he gets 550 for that article, find its marked price.
A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 600 gm for the kg weight. Find his gain per cent.
The difference between the cost price and sale price of an article is Rs.450 and the profit is 25%. Find the selling price.
Selling price of an article after a discount of 25% is Rs 450. If cost price is Rs 320 then marked price is what percent more than cost price of article?
Cost of 4 pens, 6 note books and 9 files is Rs 305. Cost of 3 pens, 4 notebooks and 2 files is Rs 145. What is the cost (in Rs) of 5 pens, 8 notebooks and 16 files?
The cost price of two articles is same. One article is sold at 40% profit and another at 10% loss. If the selling price of one article is Rs. 700 more than that of another, then find the selling price of article sold at loss.
A pen was sold for Rs.166.44 with a profit of 14%. If it were sold for Rs.154.76, then what would have been the percentage of profit or loss?
A and B together started a business with initial investment in the ratio of 3:5, respectively. The time-period of investment for A and B is in the ratio of 2: 3, respectively. Find the profit share of B, if the profit share of A is Rs. 2000.
A shopkeeper sold an article at the profit of 15% and also while weighing used a weight of 920 gms. in place of 1 kg. Find out his actual total profit%?

Relevant for Exams:

SBI PO

FCI Assistant Grade 3

FCI Manager

Question

Even after allowing a discount of 40% on the marked price, a shopkeeper earns 50 % profit. By what percentage has the marked price been marked up above the cost price?

Solution

Relevant for Exams:

I Pledged to: