Question

after allowing 30% discount on MP the profit is 5% what is the cost price of the article mark 300
​

Answer 1

Answer:

CP = 100 MP = 130 SP= 117 [130–13 (10% of 130)] P = SP - CP P=117 - 100 = 17 P% = P/CP * 100 P% = 17 /100 *100 = 17%