Question

after allowing a discount of 15% on the marked price of an article. adealer still make a profit of 19% by what percentage is the marked price above the cost price.
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Answer 1

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