Profit and Loss Practice Test 2

Question : 32 of 40

Marks: +1, -0

What is the maximum percentage discount (approximately) that a merchant can offer on his marked price so that he ends up selling at no profit or loss, if he initially marked his goods up by 40%?

60%
No discount
33.5%
28.5%

Validate

Solution:

\table \CP ,\MP ,\SP;100, 140, 100 (\because \neither\profit \nor \loss)

Discount per cent

={140-100}/140×100=28.5%

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