Multiple Choice Questions on What is the maximum percentage discount that a merchant can offer on her marked price so that she en........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

What is the maximum percentage discount that a merchant can offer on her marked price so that she en...........

Quantitative Aptitude ( CCS) Profit and loss
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    What is the maximum percentage discount that a merchant can offer on her marked price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 60%.

    33.33%
    Incorrect Answer
    37.5%
    Correct Answer
    26.25%
    Incorrect Answer

    38.4%

    Incorrect Answer
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    Explanation:

    Let CP be Rs100
    Then MP is Rs160
    Discount=(160-100)60/160*100
    =37.5%

    Hence, option 2 is the correct answer.

    By: Amit Kumar
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