A discount of 10% is given by a salesman for cash payment. What should be the marked price if he wants to earn a profit of 5% ?

A discount of 10% is given by a salesman for cash payment. What should

1.	A discount of 10% is given by a salesman for cash payment. What should be the marked price if he wants to earn a profit of 5% ?
A.	6.67%
B.	5%
C.	2%
D.	0%
Answer» B. 5%

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A discount of 10% is given by a salesman for cash payment. What should be the marked price if he wants to earn a profit of 5% ?

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