A businessman allows a discount of 10 % on th | vedclass

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Question

Let $M.P.$ $=100 x$

Discounted amount $=10 \%(100 x)=10 x$

$\Rightarrow$ $S.P.$ $=100 x-10 x=90 x$

Let $C.P. =100 y$

Profit $=70 \%(100 y)

Vedclass · Accepted Answer

$30$

Vedclass · Answer

Let $M.P.$ $=100 x$

Discounted amount $=10 \%(100 x)=10 x$

$\Rightarrow$ $S.P.$ $=100 x-10 x=90 x$

Let $C.P. =100 y$

Profit $=70 \%(100 y)=17 y$

$\Rightarrow$ $S.P.$ $=100 y+17 y=117 y$

$90 x=117 y$

$x=\frac{13 y}{10}$

$\Rightarrow$ M.P. $=100 	imes \frac{13 y}{10}=130 y$

$\because C.P. =100 y$

Mark up $\%$ $=\frac{130 y-100 y}{100 y} 	imes 100=30 \%$

A businessman allows a discount of $10 \%$ on the marked price. What percent above the cost price must he mark his goods to make a profit of $17 \% ?$

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