Question

At what percentage above the CP must an article be marked so as to gain $33\%$ after allowing a customer a discount of $5\%$?

• A. $25\%$
• B. $30\%$
• C. $35\%$
• D. $40\%$

Answer 1

The correct option is D $40\%$

Let $CP=100$
Then $SP=133$
Let MP be x. Then
95% of $x=133$

$\frac{95}{100}x=133$

$x=\frac{133\times 100}{95}=140$
Therefore, MP is 40% above CP.