Practicing Success
Practicing Success
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A trader allows a discount of 18% on the marked price of an article. How much percentage above the cost price must he mark it so as to get a profit of 6.6%? |
30 24 28 25 |
30 |
CP ∶ MP = (100 - D%) ∶ (100 + P%) CP ∶ MP = (100 - 18) ∶ (100 + 6.6) CP ∶ MP = 82 ∶ 106.6 Required percentage = \(\frac{106.6 - 82}{82}\) × 100 = 30% |
