Question

At what percent above the cost price should a dealer mark a computer so that after allowing a discount of 5% he still is able to make a profit of 23.5%?​

Answer 1

Answer:29.675%

Step-by-step explanation:

Let cost price be Rs.100.

Profit% = 23.5%

SP= 100 + 23.5% x 100= 100 + 23.5/100 x 100= 123.5

For the discount of 5% ,marked price will be

123.5 + 5% x 123.5=123.5 + 0.05 x 123.5 = 129.675

The required %= 129.675-100/100 x 100 =29.675%

Hence the cost price should a dealer mark computer 29.675% so that after following a discount of 5%, he is still able to make a profit of 23.5%