Question 73

A shopkeeper decides to raise the marked price ofan article by 10%. How much discount should he allow so as to be able to sell the article at the original marked price?

Solution

Let the M.P be Rs 100

New M.P = 110 % of 100 = Rs 110

S.P = original M.P = 100

Discount = New M.P - Old M.P

i.e 110 - 100 = 10

Discount % = $$\frac{10}{110}\times\ 100=9\frac{1}{11}$$

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