Question

how much %above the cost price should a retailer mark his article so that after allowing a discount of 15 percernt in the market price,he still gains 15 %​

Answer 1

Step-by-step explanation:

Marked Price= C.P x 1.19/0.85

Marked Price= C.P x 1.40

Therefore the MARKED PRICE should be 40% more than the COST PRICE.

Check:

Cost Price: Rs 100

Marked : 140

15% discount on Marked Price of Rs 140 = Rs 21

Sale Price= Rs (140–21)= Rs 119

Answer 2

Step-by-step explanation:

let cp be 100 rupees

so 100-15%

85

so 85 +15+(15)which is the discount

115

100

so he would have to add 15% to cp