A tradesman gives 4% discount on the marked price and gives an article free for buying every 15 article and thus gains 35% .the marked price is approximately how much percentage above the cost price
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Answer:50%
Step-by-step explanation:MP is Rs.X
S.P of 16 articles = 15X - 4% of 15X = 15X - 15X/25 =72X/5
S.P of one article = 9X/10
Gain = 35%
C.P = (9X/10x100)/(100+35) = 90X/135..
The marked price is raised by 50% above the C.P.
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Hope it helps
Step-by-step explanation:Let the Cost Price of each article be ₹100.
Then C.P of 16 articles will be ₹100 x 16 = ₹1600.
The tradesman earns 35% profit.
So, S.P of 15 articles = 135/100 ×1600 = ₹2160
Now, S.P of 1 article = 2160/15 = ₹144
If S.P is 96 then marked price is ₹100.
If S.P is 144 then marked price is 100/96 ×144 = ₹150
Therefore, marked price is 50% above than Cost Price.
GG :)
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