After allowing a discount of 10% on the marked price, a trader still makes a profit of 17%. By what per cent is the marked price above cost price?
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Answered by
1
Answer:
How much percentage above the cost price the article be marked to make a profit of 17%? Let the Marked Price be 100. Discount allowed 10%. Hence SP =90.
Step-by-step explanation:
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Answered by
4
Step-by-step explanation:
Let SP be Marked Price Be 100
by discount = 100 - 10% × 100
= 90.
90 = 117% × CP
CP = 100 × 117 ÷ 90
CP = 130.
So,
130 + 117% × 130
= 152.10
MP = 169
Difference = 39
39/130 × 100
= 30% is Ur answer.....
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