GRE Exam Numerical Ability Profit and Loss

a merchant marks his goods in such a way that the profit on sale of 50 articles is equal to sellingprice of 25 articles what is his profit margin?

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100%

50sp-50cp=25sp
25sp=50cp
sp=2cp

proft%= sp-cp/cp *100

= 2cp-cp/cp *100
=100
11 years agoHelpfull: Yes(7) No(0)

GRE Other Question

a trader buy goods at 19% discount on the label price if he wants to make a profit of 20% after allowing a discount of 10% by what % should his marked price be greater than the original label price? a merchant marks his goods up by 60% and then offers a discount on the marked price if the final price after the discount results in the merchant making no profit or loss what was % dicount offered by the merchant?