Question

a shopkeeper wishes to give 5%commission on the market price of an article but also want to earn a profit of 10%if his cost of price is 95.what is the market price?​

Answer 1

Step-by-step explanation:

It may help u .................

Answer 2

Cp=rs 95then

Then sp =95 +10%=rs104.5

Let mp =x. He gives 5%commission on mp.

So,

So =x-5% of x

Sp =0.95x

104.5 =0.95x

X=104.5/0.95 =110

Hence mp =rs 110