Profit and Loss Practice Test 5

Question : 30 of 40

Marks: +1, -0

At what percentage above the C.P. must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

Solution:

Let C.P. = Rs. 100; then S.P. = Rs. 133
Since, marked price =

100/95 ×133

= Rs. 140
Required percentage = 140 – 100 = 40%

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