Question

An item is marked up by Q% above its cost price. If a

Q: An item is marked up by Q% above its cost price. If a shopkeeper gives a 30% discount and still make

LetCostPriceCP100MarkedPriceMP100QAftera30discountSellingPriceSP100Q070Giventhatprofitis40SP100140140So070100Q140100Q200Q100Toachievea65profitRequiredSP100165165NewdiscountDonmarkedprice2001652001D1D1652000825D0175Therequireddiscountis175

shopkeeper gives a 30% discount and still makes a profit of 40%, what discount should be given to achieve a profit of 65%?

A 12.5%

B 15%

C 17.5%

D 20%

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Management Aptitude Test (MAT)

Question

An item is marked up by Q% above its cost price. If a

Solution

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