Mahesh marked an article at x% above his cost price. He sells it after offering a discount but still makes a profit. Which of the following cannot be the discount (in percentage) he offered?
Question
Mahesh marked an article at x% above his cost price. He sells it after offering a discount but still makes a profit. Which of the following cannot be the discount (in percentage) he offered?
Solution
The discount offered by Mahesh cannot be more than x%. This is because if the discount is more than the percentage increase in price, then Mahesh would be selling the item for less than the cost price, resulting in a loss rather than a profit. Therefore, any discount percentage greater than x% is not possible if Mahesh is to make a profit.
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