A Merchant Marks His Goods Up By 75% Above His Cost Price. What Is Th

1.	A Merchant Marks His Goods Up By 75% Above His Cost Price. What Is The Maximum % Discount That He Can Offer So That He Ends Up Selling At No Profit Or Loss ?
Answer» Let us assume that the cost PRICE of the article = Rs.100 Therefore, the merchant would have marked it to Rs.100 + 75% of Rs.100 = 100 +75 = 175. Now, if he sells it at no profit or loss, he sells it at the cost price.i.e., he offers a discount of Rs.75 on his SELLING price of Rs.175. Therefore, his % discount = (75/175) X 100= 42.85% Let us assume that the cost price of the article = Rs.100 Therefore, the merchant would have marked it to Rs.100 + 75% of Rs.100 = 100 +75 = 175. Now, if he sells it at no profit or loss, he sells it at the cost price.i.e., he offers a discount of Rs.75 on his selling price of Rs.175. Therefore, his % discount = (75/175) x 100= 42.85%

A Merchant Marks His Goods Up By 75% Above His Cost Price. What Is The Maximum % Discount That He Can Offer So That He Ends Up Selling At No Profit Or Loss ?

Answer»

Let us assume that the cost PRICE of the article = Rs.100

Therefore,

the merchant would have marked it to Rs.100 + 75% of Rs.100 = 100 +75 = 175.

Now, if he sells it at no profit or loss, he sells it at the cost price.i.e., he offers a

discount of Rs.75 on his SELLING price of Rs.175.

Therefore, his % discount = (75/175) X 100= 42.85%

Let us assume that the cost price of the article = Rs.100

Therefore,

the merchant would have marked it to Rs.100 + 75% of Rs.100 = 100 +75 = 175.

Now, if he sells it at no profit or loss, he sells it at the cost price.i.e., he offers a

discount of Rs.75 on his selling price of Rs.175.

Therefore, his % discount = (75/175) x 100= 42.85%

Discussion

No Comment Found

Related InterviewSolutions

Alvin, Ben And Clinton Run A Race, With Alvin Finishing 48 Meters Ahead Of Ben And 72 Meters Ahead Of Clinton, While Runner Ben Finishes 32 Meters Ahead Of Runner Clinton. Each Runner Travels The Entire Distance At Constant Speed. What Is The Length Of The Race ?
Anusha, Banu And Esha Run A Running Race Of 100 Meters. Anusha Is The Fastest Followed By Banu And Then Esha. Anusha, Banu And Esha Maintain Constant Speeds During The Entire Race. When Anusha Reached The Goal Post, Banu Was 10m Behind. When Banu Reached The Goal Post Esha Was 10m Behind. How Far Was Behind Anusha When The Latter Reached The Goal Post.
Three Runners A, B And C Run A Race, With Runner A Finishing 12 Meters Ahead Of Runner B And 18 Meters Ahead Of Runner C, While Runner B Finishes 8 Meters Ahead Of Runner C. Each Runner Travels The Entire Distance At A Constant Speed. What Was The Length Of The Race?
A Team Of Workers Was Employed By A Contractor Who Undertook To Finish 360 Pieces Of An Article In A Certain Number Of Days. Making Four More Pieces Per Day Than Was Planned, They Could Complete The Job A Day Ahead Of Schedule. How Many Days Did They Take To Complete The Job ?
In A 200 M Race, A Beats B By 20 M And C By 38m. In A Race Of 300 M B Will Beat C By
In A Race Of 4 Kms A Beats B By 100 M Or 25 Seconds, Then Time Taken By A Is
A Can Run 1.5 Km Distance In 2 Min 20 Seconds, While B Can Run This Distance In 2 Min 30 Sec. By How Much Distance Can A Beat B ?
In A 200 M Race A Beats B By 35 M Or 7 Seconds. A's Time Over The Cause Is ?
A Can Run 3 Kms In 3 Min 18 Sec And B Can Run Same Distance In 3 Min 40 Sec, Then By How Much Distance A Can Beat B ?
In A Game Of 80 Points. A Can Give B 5 Points And C 15 Points. Then How Many Points B Can Give C In A Game Of 60 ?