Question

After allowing a discount of 10% on marked price, a trader still makes a gain of 17%. By what per cent is the marked price above the cost price?​

Answer 1

Answer:

Let CP = Rs 100

SP = 100 + 17% of 100

= Rs 117

MP - 10% of MP = 117

0.9 MP = 117

MP = 117/0.9

= Rs 130

MP is what % greater than CP

= 130/100 * 100

= 130

= 30% greater

Answer 2

Step-by-step explanation:

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