1) How much present above the the cost price should a retailer mark his articles so that after allowing a discount of 15% on the marked price, he still gains 15%?
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Solution :-
Let the CP be Rs 100 gain =15 % of CP
=15 % of Rs 100=Rs 15
So, SP = CP +gain
=100+15
= Rs 115
Now, Let the MP be Rs x.
So,
So, he should mark 135.29-100= 35.29 % above the CP
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