Question

10) At what per cent above the cost price should a dealer mark a computer so that after allowing
a discount of 5%, he still is able to make a profit of 23.5%?
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Answer 1

Answer:

Answer: 29.675%

Step-by-step explanation:

Let cost price be Rs.100.

Profit% = 23.5%

SP= 100 + 23.5% x 100= 100 + 23.5/100 x 100= 123.5

For the discount of 5% ,marked price will be

123.5 + 5% x 123.5=123.5 + 0.05 x 123.5 = 129.675

The required %= 129.675-100/100 x 100 =29.675%

Hence the cost price should a dealer mark computer 29.675% so that after following a discount of 5%, he is still able to make a profit of 23.5%

Step-by-step explanation: