1.

1). 20%2). 23.5%3). 28.5%4). 34.5%

Answer»

Let the cost PRICE of the goods to be Rs. 100

He had initially marked his goods up by 40%.

∴ After40% mark-up,

⇒ MP = Rs. 100 + 40% of Rs. 100

⇒ Rs.100 + Rs. 40 = Rs. 140

So,He OFFERS a discount of Rs. 40 on his MP of Rs. 140

∴ The % discount offered by him = (Discount)/(Marked Price) × 100

⇒ (40/140) × 100 = 28.5%

∴ The % discount offered by him is 28.5%



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