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24 Nov 2019, 01:02
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Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
68% (02:33) correct
32%
(02:53)
wrong
based on 291
sessions
History
Date
Time
Result
Not Attempted Yet
A shopkeeper offers a discount of 20% on the marked price of a product and makes a profit of 25%. To make a profit of 10% on the product, the shopkeeper should offer a discount of
(A) 25.6%
(B) 26.4 %
(C) 29.6 %
(D) 32.2 %
(E) 42.45 %
(A) 25.6%
(B) 26.4 %
(C) 29.6 %
(D) 32.2 %
(E) 42.45 %
24 Nov 2019, 01:57
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CaptainLevi
Let the marked price be 100..
A discount of 20% means, the item is sold for 80..
Now this gives a profit of 25%. If the cost is x, 125x/100=80....x=64
Now we want a profit of 10%, so 64*110/100=70.4
Therefore the discount should be (100-70.6) on 100, that is 29.6%
C
17 Jan 2025, 11:03
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Cost price , CP
Marked price , P
Given 1.25*CP= 0.8*P
so , CP=8/12.5*P
no, New price , NP=1.1 *CP
discount =(P-NP)/P*100=(P-1.1*CP)/P*100=(1-1.1*08/12.5)*100=29.6
Marked price , P
Given 1.25*CP= 0.8*P
so , CP=8/12.5*P
no, New price , NP=1.1 *CP
discount =(P-NP)/P*100=(P-1.1*CP)/P*100=(1-1.1*08/12.5)*100=29.6
