Question

A trader marks his goods at 5% above its cost price. What is the rate of discount offered by him if he sells them at a loss of 10%?​

Answer 1

Step-by-step explanation:

let CP =100

MP =105

105 × {100-x}/100 = 100×9/10

105 { 100-x} = 9000

7{100-x} =600

700 -7x =600

7x = 100

x =100/7 % answer....