Q. 124.3( 33 Votes )

How much per cent

Answer :

Let’s assume Cost Price of Product to be Rs.100.


Given he gains 8% on selling price would be


Selling Price = (100 + 8% of 100) = Rs.108


Discount = 10%


Let × be the marked price.


Market Price – Discount = Selling Price


x- (10% of x) = 108


× – x/10 = 108


9x/10 = 108


× = 120


Cost price is 100


Selling price is 108


Marked price is 120


So, Market Price is 20% above Cost Price.


Rate this question :

How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
Try our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
caricature
view all courses
RELATED QUESTIONS :

Find the single dRS Aggarwal - Mathematics

<span lang="EN-USRD Sharma - Mathematics

A trader marks hiRS Aggarwal - Mathematics

Fill in the blankNCERT - Mathematics Exemplar

Fill in the blankNCERT - Mathematics Exemplar