Latest IBM Aptitude Question SOLUTION: Q. A merchant marks his goods up by 75% above his cost price. What is the maximum % Amount that he can offer so that he ends up selling at no profit or loss? Option A) 75% B) 46.67

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Q. A merchant marks his goods up by 75% above his cost price. What is the maximum % Amount that he can offer so that he ends up selling at no profit or loss?
Option
A) 75%
B) 46.67%
C) 300%
D) 42.85%

Asked In IBM (10 years ago)

Unsolved Read Solution (5)

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Read Solution (5) :

Satyaranjan  (10 years ago)

let cost price is 100rs
then marked price will be:175rs
so to make no profit or loss the product should be sold at 100rs
now discount:175-100=75rs
so % discount:(75/175)x100=42.85%

Is this solution Helpfull? Yes (81) | No   

mohan lal garg  (10 years ago)

let price of goods=x
mark price on goods=1.75x(75% above .75x is 75% of x )
according to question find max discount for no loss opr profit
discount=(0.75x*100)/1.75x=42.85 %

(explain: net discount =.75x and mark price=1.75x )
ans is d.42.85 %

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madhu  (10 years ago)

let c.p=100
marked price =175.
we need to calculate how much percentage to give offer on the marked price so that the amount will be equal to the cost price.
according to the question x/100*175 = 100 => x= 57.142
so, 100-57.142 =42.85 % is the offer percentage on the marked price

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GANAPATI  (10 years ago)

IT IS 75%
bcz ..assume cp=100rs
so he sells at 175 by giving 75% dicnt
so thr is no loss no gain..profit percentage is always on cp not sp
if you calc on sp that is((75/175)*100) it is 42.85%
m i wrong?? if yes correct it

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PritiNirwan  (10 years ago)

Hi Good morning everyone ...
Tum log kaha se questions late ho
Drive Diya hai kya...pls tell me topic for IBM and kaha se prepapre karu pls tell me ASAP....thank you

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