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Data Analysis Practice Test 1

Directions (18-19): Study the information and answer the questions.

A shopkeeper in a famous bada bazaar professes to sell his goods at a loss of

37\frac{1}{2}\%

but actually he sells his goods at no profit and no loss.

Question : 18 of 65

Marks: +1, -0

Find the mark up percentage of the goods.

Solution: 👈: Video Solution

\begin{array}{ccc} CP & MP & SP \\ 100 & x & 100 \end{array}

\frac{x-100}{x} \times 100 = 37.5

x=160

So, MP = 160

Mark up percentage = 60%

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