0 votes 0 votes A merchant marks his goods up by 75% above his cost price. What is the maximum percentage amount that he can offer so that he ends up selling at no profit or loss? A)75% B) 46.67% C) 300% D)42.85% Quantitative Aptitude discount + – __ asked Sep 6, 2016 __ 530 points 846 views answer comment Share See all 0 reply Please log in or register to add a comment.
Best answer 0 votes 0 votes M.P. = 1.75 C.P. S.P. = (1 - x) M.P., where x is the discount percentage. S.P. = C. P. for no profit/loss. So, (1 - x) M.P. = C.P. (1 - x) 1.75 C.P. = C.P. x = 1 - 1/1.75 = 3/7 = 0.4285 So, percentage of amount discounted = 42.85%. Arjun answered Sep 6, 2016 • selected Sep 7, 2016 by __ Arjun 8.6k points comment Share See all 0 reply Please log in or register to add a comment.
0 votes 0 votes CP SP mp 100--- 175 so SP= (100/175)*100=58.15 now 100- 58.15= 42.85 ans Phulen answered Sep 6, 2016 Phulen 48 points comment Share See all 0 reply Please log in or register to add a comment.