Question
A shopkeeper sets the selling price of an item higher
than its cost price. After offering a 4% discount, the shopkeeper earns a 20% profit. What percentage above the cost price did the shopkeeper initially mark the item?Solution
Let the selling price of the item be Rs. '120x'.Price at which the item is marked above its cost price = (120x/0.96) = Rs. '125x'Cost price of the item = (120x/1.2) = Rs. '100x'Required percentage = (125x – 100x)/100x X 100 = 25%
The difference between the interest received on a certain sum at the rate of 30% p.a. and 25% p.a. respectively at simple interest for two years is Rs. ...
Anita, Brij, and Chirag contested an election in which 7500 votes were polled and none of the votes were invalid. Brij got 50% more votes than the total...
A businessman's earning increase by 25%in one year but decreases by 4%in the next. Going by this pattern, after 5 years, his total earnings would be Rs....
Virat allocates his income as follows: he spends 35% on rent and 25% on groceries. From the amount he has left, he donates 25% and saves the remainder. ...
Monthly savings of X is 70% of his monthly income which is Rs. 5600. If ratio of monthly expenditure of Y and X is 15:8 respectively and monthly savings...
The sum of the monthly incomes of ‘A’, ‘B’ and ‘C’ is Rs. 40000 which is 4 times the monthly income of ‘C’. If ‘A’ spends 30% of his...
The respective ratio of monthly income of A to monthly income of B is 10:11, and A’s saving is (100/13)% more than B’s saving. Find the expenditure ...
Out of a total of 120 students in a class, 50% are boys and the rest are girls. Out of the total number of students who appeared in the class test, 35% ...
In an election, two candidates A and B participated.
Manmeet decided to donate 20% of her salary to an NGO. On the day of donation she changed her mind and donated Rs. 13520 which was 80% of what she decid...
 Mains/Quant...</a></li> <li><a href="https://www.ixambee.com/questions/quantitative-aptitude/percentage/22271" class=)
