If 60 % discount is offered on the marked pri | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(C) Let the cost price $(C.P)$ be $Rs. 100$.Since the selling price $(S.P)$ is equal to the cost price,$S.P = Rs. 100$.$A$ discount of $60 \%$ is offe

Vedclass · Accepted Answer

$150$

Vedclass · Answer

(C) Let the cost price $(C.P)$ be $Rs. 100$.Since the selling price $(S.P)$ is equal to the cost price,$S.P = Rs. 100$.$A$ discount of $60 \%$ is offered on the marked price $(M.P)$,which means $S.P = M.P 	imes (100 - 60) \% = M.P 	imes 0.4$.Therefore,$100 = M.P 	imes 0.4$.$M.P = \frac{100}{0.4} = Rs. 250$.The mark up is the difference between $M.P$ and $C.P$,which is $250 - 100 = 150$.The percentage mark up is $\frac{M.P - C.P}{C.P} 	imes 100 = \frac{150}{100} 	imes 100 = 150 \%$.

If $60 \%$ discount is offered on the marked price and selling price becomes equal to cost price,then what was the percentage mark up?

Similar Questions

$A$ man bought a motorcycle for $Rs. 32500$. He sold it for $Rs. 35000$,allowing the buyer a $6$ months credit. If the money is worth $4\%$ per annum,the gain percent is (in $\%$):

An article is sold for $Rs. 6552$ after a discount of $22 \%$. What is the marked price (in $Rs.$) of the article?

$A$ dealer marks a washing machine for $Rs.\, 7500$ and allows a discount of $6 \%$ on it. Find its selling price in $Rs.$

$A$ $Rs. 750$ tin of cheese is offered at $8\%$ discount and a $Rs. 1,250$ tin of butter at $20\%$ discount. If we buy $5$ tins of cheese and $3$ tins of butter,what is the effective discount we get (in $\%$)?

What will be the net discount (in $\%$) after giving three successive discounts of $10 \%$,$20 \%$,and $30 \%$?

Vedclass Test Series

Exam Paper Generator

Online Exam Module