Question

if a man wants to gain 33×1/3% is after allowing this guns 16 ×1/3 percentage then find it how much percentage has to increase the cost price to make the market price

Answer 1

Answer:

59.36 % has to increase the cost price to make the market price

Step-by-step explanation:

Let say Cost Price = C

& Marked  Price = M

wants to gain 33×1/3%  = 100/3 % Gain

=> Gain = C/3

Selling Price = C + C/3 = 4C/3

Discount = 49/3 %

Discount = (49/300)M  = 49M/300

Selling Price = M - 49M/300 = 251M/300

4C/3 = 251M/300

=> 400C = 251M

=> M = 400C/251

Increase in cost Price = 400C/251 - C  =  149C/251

% increased  ( 149C/251C) * 100 =   59.36 %

59.36 % has to increase the cost price to make the market price