This morning, I was solving some problems dealing with Profit, Loss, Marked Price and discount. The below 4 problems really confused me. I would appreciate if anyone here guide me........
3. At what % above the cost price must an article be marked, so as to gain 17% after allowing a discount of 17%?
4. If a commission of 10% is given on the marked price of a book, the publisher gains 20%. If the commission is increased to 15%, the publisher gains....?