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To understand this commission concept in any aptitude question has always been a burden to me. May anyway please show me an insight view into this concept.

" By what percentage must the cost price be raised in fixing the sale price in order that there may be a profit of 20% after allowing a commission of 10% ? "

I have understood only one thing from this. If the Marked Price ( MP ) is x. Then,

    The business takes place on 90% of x.

What should i think next in such kind of questions. Please help.

Shubham Raj
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1 Answers1

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Let's assume P is production price and S is sale price.

0.9*S=1.2*P

Therefore, S=1.3333*P It means you should sell it with %33.3333 raise in price to get %20 profit after %10 commission.

TNT2631
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