Multiple choice

Hari buys a horse at a discount of 25%. At what percentage above the cost price should he sell to make a profit of 25% over the original list price?

  1. 25.75%

  2. 33.33%

  3. 40.50%

  4. 66.67
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let the list price be 100. A 25% discount means the cost price is 75. A 25% profit on the list price means selling for 125. The required increase over cost price is (125 - 75) / 75 = 50 / 75 = 2/3, which is 66.67%.

AI explanation

Let the original list price be 100, so Hari's cost price after a 25% discount is 75. To make a 25% profit over the original list price, the target selling price is 125% of 100, which is 125. The required markup above his cost price is calculated as ((125 - 75) / 75) * 100 = 66.67%. The result is 66.67%.

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