Question

a trader allows a discount of 5% for cash payment.how much % above cost price must he mark his goods to make a profit of 10%​

Answer 1

Answer:

let, the cp of an article=100

If profit 10%

so that sp= 100+10=110

let MP=100

discount 5%=100*5/100=5

sp=(MP- discount)=100-5=95

when sp 95, MP=100

when sp 1, MP=100/95

when sp 110, MP= 100/95*110=2200/19

2200/19-100=15.78 (Ans...)

This is right answer.....

please vote my answer and comment what problem you Face this answer.....

Answer 2

Answer:

This is the answer 15.78%