Answer :
Let’s assume Cost Price of Product to be Rs.100.
Given he gains 17% on selling price would be
Selling Price = (100 + 17% of 100) = Rs.117
Discount = 10%
Let × be the marked price.
Market Price – Discount = Selling Price
x- (10% of x) = 117
× – x/10 = 117
9x/10 = 117
× = 130
Cost price is 100
Selling price is 117
Marked price is 130
So, Market Price is 30% above Cost Price.
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Related Videos
Quiz on Profit, Loss and Discount23 mins
NCERT | Profit and Loss41 mins
NCERT | Solving NCERT Questions on Profit and Loss48 mins
Genius Quiz | Only Profit no Loss.33 mins
Deciding business future with Profit and Loss50 mins
Only Profit no Loss42 mins
Profit , Loss & Discounts35 mins
Profit and Loss was Never so Easy41 mins
Quiz | Deciding the Business Future with Profit and Loss54 mins
Quiz on Friction + Force30 mins




















Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation


RELATED QUESTIONS :
A number exceeds
RS Aggarwal - MathematicsFind the single d
RS Aggarwal - Mathematics<span lang="EN-US
RD Sharma - MathematicsA trader marks hi
RS Aggarwal - MathematicsFill in the blank
NCERT - Mathematics Exemplar