Question

A Household Products Is Marked $30\%$ Above Its Cost Price The Percentage Discount Allowed To Gain $17\%$ Is?

Answer 1

Let the cost price $=Rs100$

Then, Marked price $=Rs100+30=Rs130$

Required gain $=17\%$

So Selling price $=Rs100+17=Rs117$

Discount $=130-117=13$

Discount$\%=\frac{13}{130}\times 100=10\%$

Hence, discount is $10\%.$