To gain after allowing a discount of , by what percent must the marked price be hiked from the cost price?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the Cost Price () be .
To get a gain of , the Selling Price () must be:
A discount of is given on the Marked Price (), which means:
The percentage hike from Cost Price to Marked Price is:
To get a gain of , the Selling Price () must be:
A discount of is given on the Marked Price (), which means:
The percentage hike from Cost Price to Marked Price is: