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Math Help - Some Specific Problems of Profit and Loss and Marked Price and Discount II

  1. #1
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    Some Specific Problems of Profit and Loss and Marked Price and Discount II

    Greetings all,

    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....?

    Sincerely,
    Abhijit. G.
    Last edited by Ackbeet; May 14th 2011 at 03:51 AM. Reason: Splitting thread.
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  2. #2
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    Quote Originally Posted by Abhijit View Post
    Greetings all,
    3. At what % above the cost price must an article be marked, so as to gain 17% after allowing a discount of 17%?
    Abhijit. G.
    0%
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