The price of an article reduces to 576 after two successive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive discounts the markup price was further increased successively two times by the same percentage?
Zane Alam is saying 157% is correct answer
Rishi sharma from New Delhi, India is saying 157% is correct answer
sk zilani is saying 159.2% is correct answer
Abhishek Balaaj is saying 159.2% is correct answer
In the Bargaining Bazar everyone purchase with a fair bargaining, so the traders markup the prices too much. A trader marked up an article at Rs. M expected huge profit if it is sold on marked price. But a customer purchased it at M/2 with his fine bargaining skills, so the expected profit of the trader diminished by 66.66%. What is the percentage discount fetched by the customer through bargaining?
- [A] 33.33%
- [B] 50%
- [C] 60%
- [D] 66.66%
- [E] None of these
Mr. Praveen invests in 10% stock at Rs. 90. He calculates that by selling all the existing shares at Rs. 90 per share and then by investing the proceeds in a 8% stock at Rs. 140, his return will decrease by a certain percentage. What is this percentage approximately?
- [A] 40%
- [B] 49%
- [C] 60%
- [D] 110%
A reduction of 20% in the price of sugar enables a housewife to purchase 6 kg more for Rs. 240. What is original price per kg of sugar.
- [A] Rs. 10 per Kg
- [B] Rs. 8 per Kg
- [C] Rs. 6 per Kg
- [D] Rs. 5 per Kg