In spite of a discount of 25%, I managed to make a profit of 20%. What is the percent mark-up?
In spite of a discount of 25%, I managed to make a profit of 20%. What is the percent mark-up?
Option 1 -
40%
Option 2 -
50%
Option 3 -
60%
Option 4 -
80%
Asked by Shiksha User
-
1 Answer
-
Correct Option - 3
Detailed Solution:Using the successive percentage change rule, we have
x =60%
Taking an Exam? Selecting a College?
Get authentic answers from experts, students and alumni that you won't find anywhere else
Sign Up on ShikshaOn Shiksha, get access to
- 65k Colleges
- 1.2k Exams
- 688k Reviews
- 1800k Answers