Question

1. After allowing a discount of 10% on the marked price, a trader still makes a gain of 17% By
what per cent is the marked price above the cost price?
How much ner cent above the cost nice should chon​

Answer 1

Answer:

Given that,

Discount 10%

Gain =17%

Let the cost price=100 rupees

Selling price=117

Let marked price x.

Then,

=10090x=117

x=90117×100

=130

Then,

Cost price =130−100=30

We get marked price is 30 rupees more than CP.

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