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Question

Quantitative Aptitude Question on Percentage

A tradesman gives 4%\% discount on the marked price and gives 1 article free for buying every 15 articles and thus gains 35%\%. The marked price is above the cost price by

A

40%\%

B

39%\%

C

20%\%

D

50%\%

Answer

50%\%

Explanation

Solution

C.P of 16 articles =100×16=Rs1600=100\times16=Rs 1600
Tradesman earn 35%\% profit
Then S.P pf 15 articles =(135100)×1600=Rs2160=(\frac{135}{100})\times1600=Rs2160
S.P of each article = Rs.
4%\% of discount means:
If S.P is 96, then marked price = 100Rs.
If S.P is 144, then marked price =(10046)×144=Rs150=(\frac{100}{46})\times144=Rs150
\therefore Marked price is 50%\% above the cost price.
The correct option is (D): 50%\%