CAT Exam

After allowing a discount of 11·11 %, a trader still makes again of 14·28%. At how many
percent above the cost price does he mark on his goods?
(1) 28·56%
(2) 35%
(3) 22·22%
(4) None of these

Read Solution (Total 1)

28.56%

If M is the marked price and C is cost price, then
SP = 88.89 * M= 114.28 C
M/C = 114.28 /88.89 = 1.2856

hence Marked price is 28.56% above CP.
12 years agoHelpfull: Yes(0) No(0)

CAT Other Question

There are two containers: the first contains 500 ml of alcohol, while the second contains 500 ml
of water. Three cups of alcohol from the first container is taken out and is mixed well in the
second container. Then, three cups of this mixture is taken out and is mixed in the first
container. Let A denote the proportion of water in the first container and B denote the proportion
of alcohol in the second container. Then,
(1) A>B
(2) A From each of two given numbers, half the smaller number is subtracted. Of the resulting
numbers the larger one is three times as large as the smaller. What is the ratio of the two
numbers?
(1) 2: 1
(2) 3: 1
(3) 3: 2
(4) None of these