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24 Jul 2025, 22:00
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E
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Difficulty:
15%
(low)
Question Stats:
88% (01:14) correct
12%
(01:46)
wrong
based on 145
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A merchant marks his goods up by 40% and then offers a discount of 15% on the marked price. What % profit does the merchant make after the discount?
A. 21%
B. 25%
C. 69%
D. 31%
E. 19%
A. 21%
B. 25%
C. 69%
D. 31%
E. 19%
25 Jul 2025, 01:23
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Assume the price of the good is 100.
The marked priced is 140, Post the mark-up by 40%.
The discount of 15% on 140 is 21.
140-21 = 119, which is 19% more than the initial price which is 100.
So the answer is E.
The marked priced is 140, Post the mark-up by 40%.
The discount of 15% on 140 is 21.
140-21 = 119, which is 19% more than the initial price which is 100.
So the answer is E.
25 Jul 2025, 18:50
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Let the original price be 100
mark it up by 40% so 140
Discount of 15% -- so final price will be 85% of 140 = 119
Profit earned= 119-100=19
since its out of 100 it will be 19% (option E)
mark it up by 40% so 140
Discount of 15% -- so final price will be 85% of 140 = 119
Profit earned= 119-100=19
since its out of 100 it will be 19% (option E)
Bunuel
