Question

1. A trader gains 20%
after allowing a discount of 4% on the marked price of an article. Find how much per cent
above the cost price has he marked the article?


2. By how much per cent above the cost price should a shopkeeper marks hi
rice should a shopkeeper marks his goods so that he may gain 10% even
after allowing a discount of 12% on the marked price?​

Answer 1

Answer:

25%

Step-by-step explanation:

1. Lets assume the M.P be 100
2. so after discount it's 96 rs and he gains 20% profit
3. so divide 96 by 120 and multiply it by 100 we get 80
4. after that 100-80=20 and 20÷80×100 is 25%