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after allowing a discount of 10% there was still a gain of 5%. at what per cent above the cost price was the marked price ? |
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Answer» Answer:16.666% above the CP Step-by-step explanation: Let the cp be ₹x. Sp including gain= 105% of x=21x/20 90% of Sp=21x/20 90*Sp/100=21x/20 Sp=21x*100/90*20 Sp=21x*5/90 Sp=21x/18 Sp=7x/6 It means Sp=(7*100/6)% of x 116.666% of x Therefore, the marked PRICE should be (116.666-100)% above the Cp 16.666% above the Cp |
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