A store purchased an article at a wholesale price of $75 and sold it at two successive discounts of 20% and 16.67%

This topic has expert replies
Moderator
Posts: 6225
Joined: 07 Sep 2017
Followed by:20 members

Timer

00:00

Your Answer

A

B

C

D

E

Global Stats

A store purchased an article at a wholesale price of $75 and sold it at two successive discounts of 20% and 16.67% respectively, making a profit of 33.3% on the whole price of the article. The store sold another similar article at the same price, making a loss of 33.3% on the whole price. If the second article has a mark-up of 200% over its retail selling price, find by what percentage the mark-up price of 2nd article is more than that of 1st article?

A. 50
B. 75
C. 100
D. 125
E. 200


OA E

Source: e-GMAT