Latest TCS Aptitude Question SOLUTION: After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many per cent above the cost price does he mark on his goods? Option 1) 28.56% 2) 35% 3)

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(#M40033845) TCS Numerical Ability question TCS Keep an EYE

After allowing a discount of 11.11%, a trader still makes a gain of 14.28%. At how many per cent above the cost price does he mark on his goods?
Option
1) 28.56%
2) 35%
3) 22.22%
4) None of these

Asked In TCS sree (10 years ago)

Unsolved Read Solution (7)

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Read Solution (7) :

sohini ghosh  (10 years ago)

let us consider cost price to be Rs.100
thus,S.P. will be Rs.114.28 (i.e. 100+14.28)
now discount=11.11%
let marked price be Rs.x
thus,(100-11.11)=88.89% of x =Rs.114.28
x=(114.28 * 100)/ 88.89
=128.56%
thus marked price is 28.56% above original cost price..
the ans is 1)28.56%

Is this solution Helpfull? Yes (22) | No (7)  

sushma  (10 years ago)

ans: 22.22%
let M.P=100;
s.p after allowing 11.11% discount= 100*(100-11.11)/100 =88.89
c.p = 100*s.p/(100+gain%) => (100*88.89)/100+14.28 =77.504
% of m.p above c.p = ((m.p-c.p)/m.p)*100 = (100-77.504/100)*100 =22.22%

Is this solution Helpfull? Yes (13) | No (5)  

Jasmeet  (10 years ago)

28.56% is correct

Is this solution Helpfull? Yes (5) | No (3)  

Nitesh Kishore Kashi  (9 years ago)

let M.P=100;

s.p after allowing 11.11% discount= 100*(100-11.11)/100 =88.89

c.p = 100*s.p/(100+gain%) => (100*88.89)/100+14.28 =77.78

DIFFERNCE IN MP & CP= 100-77.78 =22.22


% of m.p above c.p = ((m.p-c.p)/m.p)*100 = 22.22/77.78*100 =28.56%

Is this solution Helpfull? Yes (4) | No   

sanjay  (9 years ago)

rem=6;
because this is a form(ax-1)^n/a

Is this solution Helpfull? Yes (1) | No   

RAMYA KRISHNA  (9 years ago)

both 28.56 and 22.22

Is this solution Helpfull? Yes | No (1)  

Chandramohan  (3 years ago)

The answer is option 28.56%

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