Question

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%?
​

Answer 1

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%