Multiple Choice Questions on At what above C P must an article be marked so as to gain 33 after allowing a customer a discount of........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

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

Quantitative Aptitude ( CCS) Profit and loss
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    At what % above C.P must an article be marked so as to gain 33% after allowing a customer a discount of 5%?

    35%

    Incorrect Answer

    30%

    Incorrect Answer

    40%

    Correct Answer

    45%

    Incorrect Answer
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    Explanation:

    Let C.P be Rs 100.then S.P be Rs 133
    Let the market price be Rs x
    Then 90% of x=133=>95x/100=133=>x=(133*100/95)=140
    Market price = 40% above C.P

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