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ICSE Class 8 Answered

After allowing a discount of 15% on M.P. of an article, dealer still makes a profit of 19%.By what % is the M.P. above C.P. ?
Asked by nisha_vini29 | 26 Feb, 2018, 06:10: PM
answered-by-expert Expert Answer
begin mathsize 16px style After space allowing space straight a space discount space of space 15 percent sign space on space straight M. straight P. space of space an space article comma space dealer space still space makes space straight a space profit space of space 19 percent sign. By space what space percent sign space is space the space straight M. straight P. space above space straight C. straight P. space ? Let space the space CP space of space an space article space be space Rs. space 100 Profit equals 19 percent sign space of space CP space equals space Rs. space 19 space So comma space SP equals CP plus Profit equals Rs. space 100 plus Rs.19 equals Rs. space 119 Dealer space allows space straight a space discount space of space 15 percent sign This space means space that space when space the space MP space is space Rs. space 100 comma space the space SP space will space be space Rs. space 85 Now comma space space If space Rs. space 85 space is space the space SP comma space the space MP equals Rs. space 100 If space Re. space 1 space is space the space SP comma space the space straight M. straight P equals Rs. space 100 over 85 space If space Rs. space 119 space is space the space SP comma space the space MP equals Rs. space 100 over 85 cross times 119 equals Rs. space 140 space Hence comma space the space dealer space marks space his space articleat space 40 percent sign space above space the space cost space pric end style
Answered by Rashmi Khot | 26 Feb, 2018, 06:26: PM

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