A shopkeeper wants to earn 33\% profit on an article after offering a 30\% discount. By how much percentage more should he mark the price of his artic - Quantitative Aptitude MCQ SSC CGL 2026 | ExamTest.live

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A shopkeeper wants to earn 33% profit on an article after offering a 30% discount. By how much percentage more should he mark the price of his article above the cost price?

Solution & Step-by-step Explanation

We can use the direct relation between Cost Price (CP) and Marked Price (MP): \frac{MP}{CP} = \frac{100 + Profit %}{100 - Discount %} Given: Profit % = 33% Discount % = 30% Substituting the values: \frac{MP}{CP} = \frac{100 + 33}{100 - 30} = \frac{133}{70} = \frac{1.9}{1} = \frac{190}{100} This means if CP = 100, then MP = 190 .The markup percentage above the cost price is: Markup % = 190 - 100 = 90%

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A shopkeeper wants to earn 33% profit on an article after offering a 30% discount. By how much percentage more should he mark the price of his article above the cost price?

90

63

69

72

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