BREAKING: Target Test Prep releases Brand New 2026 On Demand GMAT prep course

Redeem

merchant offers

Expert replies
by sanju09 » Tue Mar 09, 2010 5:05 am
If a merchant offers a discount of 40 percent on the marked price of his goods and thus ends up selling at cost price, what was the percent mark up?
(A) 28
(B) 40
(C) 58 1/3
(D) 66 2/3
(E) 72
The mind is everything. What you think you become. -Lord Buddha



Sanjeev K Saxena
Quantitative Instructor
The Princeton Review - Manya Abroad
Lucknow-226001

www.manyagroup.com
Join the discussion
Source: — Problem Solving |

by firdaus117 » Tue Mar 09, 2010 5:10 am
Let MP be 100.Then after discount,CP=60
Mark up percent= 40/60=2/3=66 2/3 %
Join the discussion