whose marked price is 5,100.
11. A grocer allows a discount of 12% on the list price. How much above the C.P. must he mark his
articles to make a gain of 10%?
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Answer:
25% above the CP
Step-by-step explanation:
Marked Price (MP) = Rs.5100
Discount = 12% of MP = 12/100 × 5100 = Rs.612
Selling Price (SP) = Rs.(5100-612) = Rs.4488
Gain = 10%
=> (100+10)% of CP = SP
=> 110% of CP = 4488
=> 110/100 × CP = 4488
=> CP = 4488 × 10/11
=> CP = Rs.4080
Difference between MP and CP = Rs.(5100-4080) = Rs.1020
Required percentage = 1020/4080 × 100 = 25%
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