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merchant can offer

by sanju09 » Tue Mar 03, 2009 3:28 am
What is the maximum percentage discount that a merchant can offer on her Marked Price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%?

A. 50%
B. 20%
C. 25%
D. 16.67%
E. 33.33%
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Re: merchant can offer

by piyush_nitt » Tue Mar 03, 2009 3:32 am
sanju09 wrote:What is the maximum percentage discount that a merchant can offer on her Marked Price so that she ends up selling at no profit or loss, if she had initially marked her goods up by 50%?

A. 50%
B. 20%
C. 25%
D. 16.67%
E. 33.33%
IMO E

Let Intial Price CP is 100
After marked Price it is 150

for no loss or profit

S.P (Sellin price) should be 100

150-100/150 * 100 = 33.33
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