You own a garment shop. You introduced a winter collection - line of jackets. You purchased 500 jackets from the wholesaler at Rs. 400 each. Your mark- up% is 15% and you were able to sell 60% of the jackets. But after the season ended, the sale of jackets stopped. In order to clear the stock, you decided to sell them at a discounted rate (on marked-up price) such that there is no overall loss to you with your winter collection. What is the maximum discount you can give?
a. 13.04%
b. 22.50%
c. 32.61%
d. 39.13%

• ans (b)-32.61
• 9 years agoHelpfull: Yes(2) No(0)
• b. 22.5%
  
  Cost price of total 500 jackets=400*500=200000
  Selling price of 60% jackets at 15% mark up=200000*(60/100)*(115/100)=138000
  So remaining 62000 should be recovered from 40% jackets costing 200000*40/100=80000
  So % discount can be given for no overall loss=100*(80000-62000)/80000=22.5
• 9 years agoHelpfull: Yes(1) No(1)
• total profit= total loss
  60*15=40*x
  60*15/40=22.5%
• 9 years agoHelpfull: Yes(1) No(1)