The marked price of a pencil is 35% more than its cost price. What maximum discount percentage can be offered by the shopkeeper to sell his pencil at no profit or no loss?

The maximum discount percentage that can be offered by the shopkeeper to sell his pencil at no profit or no loss is 25.92%

Explanation:

There is a shortcut method to solve these types of questions.

The first thing we need to do is convert the given percentage into a fraction. The given percentage is 35% = 35/100.

Now, observe the question. see if the words more or less are mentioned. If more is mentioned in the question, add the numerator to the denominator. If less is mentioned, subtract the numerator from the denominator.

In our case, the marked price of the pencil is 35% more than its cost price. So, it will be 35 + 100 = 135.

Now, as per this shortcut method, we need to keep the numerator as it is and replace the denominator with the sum and then, multiply the fraction with 100.

The maximum discount percentage that can be offered by the shopkeeper to sell his pencil at no profit or no loss is

25.92%## Explanation:

There is a shortcut method to solve these types of questions.

The first thing we need to do is convert the given percentage into a fraction. The given percentage is 35% = 35/100.

Now, observe the question. see if the words more or less are mentioned. If more is mentioned in the question, add the numerator to the denominator. If less is mentioned, subtract the numerator from the denominator.

In our case, the marked price of the pencil is 35% more than its cost price. So, it will be 35 + 100 = 135.

Now, as per this shortcut method, we need to keep the numerator as it is and replace the denominator with the sum and then, multiply the fraction with 100.

==> (35/135) x 100

==> 3500/135

==> 25.92