Question

If a man wants to gain 33(1/3)% after allowing a discount of 16(2/3)%. Then find how much percent he has to increase his C.P to make M.P ?

Answer 1

Let the cost price be $C$

And let the marked price be $M$

According to question $C\times \frac{4}{3}$ $=M\times \frac{250}{300}$

i.e $M=\frac{16}{10}C$

So he has to increase cost price by $60$%