A businessman allows a discount of 10% on the written price. How much above the cost price must he mark his goods to make a profit of 17%?

see full answer

Take the SCORE scholarship exam from home and compete for scholarships worth ₹1 crore!*

An Intiative by Sri Chaitanya

30%

20%

27%

18%

answer is A.

(Unlock A.I Detailed Solution for FREE)

Ready to Test Your Skills?

Check your Performance Today with our Free Mock Test used by Toppers!

Take Free Test

Detailed Solution

Let $C P = ₹ 100$

Then, $S.P = ₹ 117$

Let marked price be $₹ x$

Then 90% of $x = 117$

$\Rightarrow x = (\frac{117 \times 100}{90}) = 130$

$∴$ Marked price = 30% above C.P

Watch 3-min video & get full concept clarity