A shopkeeper wishes to give 5% commission on the marked price of an article but also wants to earn a profit of 10%. If his cost price is Rs. 95, then marked price is: Choose the correct answer
A) Rs. 100	B) Rs.110	C) Rs. 120	D) Rs. 130	E) None
Solution: CP = Rs. 95.   Then SP = 95 + 10% of 95 = Rs. 104.5.   Let MP = X. He gives 5% commission on MP.   So,   SP = X - 5% of X   SP = 0.95X.   104.5 = 0.95X.   X = 104.5/0.95= 
<gadget id="calculator">104.5/0.95</gadget>
<output>110</output>
110.   Thus, MP= Rs. 110.   Short-cut   95===10%(gain)===&gt;104.5===5%(Commission)===&gt;109.72( = 110)   Answer: Option Rs.110
<result>B</result>
A shopkeeper wishes to give 5% commission on the marked price of an article but also wants to earn a profit of 10%. If his cost price is Rs. 95, then marked price is: