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SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    What is the maximum percentage discount (approximately) that a merchant can offer on his marked price, so that he ends up selling at no profit or loss, if he initially marked his goods up by 40%?

    A) 60%

    B) No discount

    C) 33.5%

    D) 28.5%

    Correct Answer: D

    Solution :

    [d] Let cost  price = Rs. 100 and marked price \[=100+40=\text{Rs}.\,\,140\] Let required discount be x%. According to the question,             \[140\times \left( \frac{100-x}{100} \right)=100\]             \[\Rightarrow \]   \[100-x=\frac{100\times 100}{140}\]             \[\therefore \] \[x=100-\frac{100\times 100}{140}=\frac{40\times 100}{140}\]                         = 28.5% (approx.)


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