Data Analysis Practice Test 1

Directions (18-19): Study the information and answer the questions.
A shopkeeper in a famous bada bazaar professes to sell his goods at a loss of

37 1/2%

but actually he sells his goods at no profit and no loss.

Question : 18 of 65

Marks: +1, -0

Find the mark up percentage of the goods.

Solution:

\table CP,MP,SP;100,x,100

{x-100}/x×100=37.5

x=160

So, MP = 160
Mark up percentage = 60%

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