If the selling price of an item becomes half, the loss becomes three times the initial loss. What was the initial loss percentage? MCQ with Answer and Explanation
After allowing a discount of 20% on the marked price, a trader makes a profit of 12%. If the goods were sold at the marked price without discount, what would be the profit percentage?
The marked prices of a shirt and a pair of trousers are in the ratio 1:2. The shopkeeper gives a 40% discount on the shirt. If the total discount on both is 30%, what is the discount percentage on the trousers?
Explanation:
Let Marked Price of shirt = x and trousers = 2x. Total Marked Price = 3x. Total discount = 30% of 3x = 0.9x. Discount on shirt = 40% of x = 0.4x. Discount on trousers = 0.9x - 0.4x = 0.5x. Percentage discount on trousers = (0.5x / 2x) * 100 = 25%.
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