What is the highest % discount(approximately) that a trader 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 60%?

What is the highest % discount(approximately) that a trader 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 60%?
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1 Answer

Answer :

Let CP= Rs 100

MP= Rs100+60=160

Discount= x%

then, 160*[100-x/100] =100

100-x=100*100/160

x=37.5%
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Description : Kumar buys a car marked price at Rs 500000 with 35% and 30% off. He spends Rs 75000 for maintenance sell it for Rs 500000 What is the gain or loss percentage?

Last Answer : Total CP= (65%0f 70%of 500000)+75000 =0.65*0.7*500000+75000 CP=Rs 302500 SP=Rs5,00,000 gain%=(500000-302500)/302500*100 =65.28%

Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

Description : Rahim is dealer of magnetic components. He imports the components from Russia. Rahim sells a radio valve at profit of 20%. If he bought it at 20% less and sold it for Rs 5 less than the previous selling price, he would have gained 25%. Find the cost price?

Last Answer : 25

Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man?

Description : Hytech electronics is in recession. Find the marked price is what percentage of cost price, if there may be a profit of 10% after allowing a commission of 5% to middle man?

Last Answer : Let the CP= Rs.100 Then, SP=Rs.110 MP=Rs. x Then, 95% of x= Rs 110 x= 110*100/95 = 115.7%