Find discount percentage on the marked price article

A trader allows a discount of 10% on the marked price of an article and thus gains 17% on the cost price of the article. If the cost price is increased by 10%, how much discount percent should be allowed on the marked price so as to earn the same percentage of profit ?

  1. 5
  2. 3
  3. 1
  4. 7
Manish Listener Asked on 6th November 2014 in Maths.
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1 Answer(s)

Ans is 1%

Sathisharon Default Answered on 9th December 2014.
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