aptitude
Exam
Numerical Ability
Profit and Loss
A trader allows a discount of 10% on the marked price of an article. How much percentage above the cost price the article be marked to make a profit of 17%?
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- 30%
Let the marked price MP= x , then SP= 9x/10
As 117% of CP= SP, so CP=(9x/10)*(100/117)=90x/117
So in % MP above CP = 100*(MP-CP)/CP
=100*[x -(90x/117)/(90x/117)
=30 - 7 years agoHelpfull: Yes(0) No(0)
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