after allowing a discount of 15% on the Marked price of an article a dealer still makes a profit of 19 % by what percent is the marks above the cost price
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Answered by
40
Answer:
40
Step-by-step explanation:
Let the cost price be x .
S.P = x + 19%(x) = 1.19x
Let the m.p be y
y -15%(y) = y - 0.15y = 0.85y
0.85y = 1.19x
y = 1.4x
Now, mp - cp/cp = [ (y-x)/x ]*100
= [(1.4x-x)/x]*100
= [0.4*100]
= 40
Answered by
5
Step-by-step explanation:
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