Multiple choice

If a merchant offers a discount of 40% on the marked price of his goods and thus ends up selling at cost price, what was the % mark up? यदि एक व्यापारी अपनी वस्तुओं का बाजारी मूल्य पर 40% की छूट देता है और अंत में क्रय मूल्य पर बेचता है तो कितना % अधिक अंकित किया था?

  1. 28.57%

  2. 40%

  3. 66.66%

  4. 58.33%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

If selling at 40% discount equals cost price, then SP = 0.6 × MP = CP. Therefore, MP = CP/0.6 = 1.667 × CP. The markup is (MP - CP)/CP × 100 = (1.667 - 1) × 100 = 66.67%. The correct answer is C. This is equivalent to a 66(2/3)% markup on cost price.

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