Question:A shopkeeper decides to give 5% commission on the marked price of an article but also wants to earn 10% profit. If the cost price is Rs. 95, then the marked price is :
A Rs. 100
B Rs.105
C Rs.110
D Rs.115
/139
+ Answer
C
+ ExplanationS.P` = ((110)/(100) xx 95)`
`= ((209)/(2))` commission = 50%
:. M.P.` = (110/95 xx 209/2) = 110.`