Question

a trader allows a discount of 15% on the market price .how much above the cost price must he mark his goods to make a profit of 19%

Answer 1

let c.p=100
and to make 19% profit he need to sell for 119
so 119 should be 85 % of market price bcoz 15% is discount
if 85%=119
100%=140
so and is 40%above cost price