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By how much amount M.P. should exceed to C.P. in order to earn profit of 17% even after giving discount of 10% .

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To solve the problem of how much the Mark Price (M.P.) should exceed the Cost Price (C.P.) in order to earn a profit of 17% after giving a discount of 10%, we can follow these steps: ### Step 1: Understand the relationship between M.P., C.P., profit, and discount. We know that: - Profit Percentage = (M.P. - C.P.) / C.P. * 100 - Discount Percentage = (M.P. - Selling Price) / M.P. * 100 ### Step 2: Set up the equations based on the given percentages. Let: - C.P. = 100 (for simplicity) - Profit = 17%, so M.P. needs to be calculated. - Discount = 10% ### Step 3: Calculate the Selling Price (S.P.) after discount. Since the discount is 10%, the Selling Price can be calculated as: \[ S.P. = M.P. - (10\% \text{ of } M.P.) \] \[ S.P. = M.P. \times (1 - 0.10) = M.P. \times 0.90 \] ### Step 4: Set up the profit equation. We know that to earn a profit of 17%, the Selling Price must also be related to the Cost Price: \[ S.P. = C.P. + (17\% \text{ of } C.P.) \] \[ S.P. = 100 + (17\% \text{ of } 100) = 100 + 17 = 117 \] ### Step 5: Equate the two expressions for Selling Price. From Step 3 and Step 4, we have: \[ M.P. \times 0.90 = 117 \] ### Step 6: Solve for M.P. To find M.P., we rearrange the equation: \[ M.P. = \frac{117}{0.90} \] \[ M.P. = 130 \] ### Step 7: Calculate how much M.P. exceeds C.P. Now, we find how much M.P. exceeds C.P.: \[ \text{Excess} = M.P. - C.P. = 130 - 100 = 30 \] ### Step 8: Calculate the percentage by which M.P. exceeds C.P. To find the percentage by which M.P. exceeds C.P.: \[ \text{Percentage} = \left(\frac{\text{Excess}}{C.P.}\right) \times 100 = \left(\frac{30}{100}\right) \times 100 = 30\% \] ### Final Answer: M.P. should exceed C.P. by **30%**. ---
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