IBM
Company
Numerical Ability
Profit and Loss
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%
Read Solution (Total 5)
-
- 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% - 10 years agoHelpfull: Yes(81) No(0)
- 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 % - 10 years agoHelpfull: Yes(5) No(0)
- 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 - 10 years agoHelpfull: Yes(2) No(0)
- 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 - 10 years agoHelpfull: Yes(2) No(1)
- 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 - 10 years agoHelpfull: Yes(0) No(7)
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