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(#M40016326) MBA question averages, percentages, profit loss and interest Keep an EYE

if the profit and discount are both 10%,by what percent is the marked price more than the c.p?pl. provide sol. also.

1) 11 1/9%
2) 22 2/9%
3) 9 1/11%
4) 18 2/11%

Asked In MBA (11 years ago)

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sc mandota  (11 years ago)

2) 22 2/9% is the solution
let the cost price is=100
then sell prise is=110
again let the marked price is=100
then sell price=90
if sell price is 90 then marked price=100
so when sell price is 110 then marked price is= 110*100/90=1100/9
=122 2/9
so % increased= 22 2/9 % is solution

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