Question 74

If 60% discount is offered on the marked price and selling price becomes equal to cost price then what was the % mark up?

Solution

Share

Let say cost price is c and marked price is m.

So, 0.40m=c.

or, m=2.5c.

so, he marked up by 1.5 times more than of cost price or by 150% more than cost price.

C is correct choice.

Was this solution helpful?

Get AI Help

View More Questions From Profit, Loss, and Interest

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Free SSC Quant Questions

SSC Data InterpretationSSC GeometrySSC Linear EquationsSSC Number SystemsSSC Quadratic EquationsSSC TrigonometrySSC AgesSSC Arithmetic

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Enroll Now
Ask AI