A person marks his goods x% above the cost price and allows a discount
| A person marks his goods x% above the cost price and allows a discount of 30% on the marked price. If his profit is 5%, then the value of x will be :
A. 35
B. 50
C. 60
D. 45
Right Answer is: B
SOLUTION
Let the C. P. = 100
Then S. P.
Let the M. P. =
A. T. Q.
M. P. = 150, C. P. = 100
Required,
Markup % =
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A person marks his goods x% above the cost price and allows a discount