Question

after allowing a discount of 10% there was still a gain of 5% at what percent above the cost price was the Marked price​

Answer 1

Answer:

16.67%

Step-by-step explanation:

Let, Cost price be 100

And selling price be 105

So, Marked price = (105/90)×100

= 116.67

So, marked price was (116.66-100) = 16.67% above the cost price.