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During a sale, the price of a pair of shoes is marked down by 10% from the regular price. After the sale ends, the price goes back to the original price. What is the percent increase (to the nearest whole number) form the discounted sale price to the regular price for the shoes?

Correct Answer: 11%
Let the regular price be m. Discounted price = m - 10% of m = 0.9m Price increase = (m - 0.9m) / (0.9m) × 100% ≈ 11%

Read the following information carefully and answer the questions that follow: Seven persons Tina, Vini, Yasir, Rishi, Sanya, Pankaj and Urmila live on the separate floors of a 7- floor building. Ground floor is number one; second floor is number two and so on. Each of them goes to a city viz. Paris, Istanbul, Shanghai, Durban, London, Madrid and Dubai but not necessarily in the same order. Only three people live above the floor on which Sanya lives. Only one person lives between Sanya and the one who goes to Paris. Vini lives just below the person who goes to Madrid. Only three people live between the one who goes to Paris and London. The person who goes to Madrid lives on an even numbered floor. Urmila lives just above Rishi. Urmila does not go to London. Only two persons live between Pankaj and the one who goes to Durban. Pankaj lives above the person who goes to Durban. Yasir does not go to Istanbul. Tina does not live just above or just below Sanya. The one who goes to Shanghai does not live just above or just below Pankaj. Who among the following lives on floornumber 7?

A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even?

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A merchant was selling an item at a certain price, then marked it down 20% for spring sale. During the summer, he marked the item down another 20% from its spring price. If the item was sold at the summer price, what percent of the original price did it sell for?

A discount electronics store normally sells all merchandise at a discount of 10 percent to 30 percent off the marked retail price. If during a special sale an additional 20 percent were to be deducted from the discount price; what would be the lowest possible price of an item marked retail price is Tk. 260?

A merchant was selling an item at a price then marked it down 20% for a spring sale. During the summer, he marked the item down another 20% from its spring price. If the item sold at the summer price, What percent of the orginal price di it sell for?

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The price of a DVD Player is discounted by 10 percent, and the reduced price is then discounted again by 10 percent. The series of successive discounts is equivalent to a single discount of ----

The price of a certain television set is discounted by 10 percent, and the reduced price is then discounted by 10 percent. The series of successive discount is equivalent to a single discount of-

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