Question

after allowing a discount of 10% on the market price a trade still makes a hain17%.bt what perecent is marked price above the cost price

Answer 1

let cp is 100

price after 17% profit --Rs. 117

Marked price =X= 130

$x \times \frac{90}{100} = 117 \\ \\ x = 130$

CP=100 MP =130
Difference= 30

percentage of marked price higher than CP
$\frac{30}{100} \times 100 = \: 30\%$