Question

1. How much per cent above the cost price should a shopkeeper mark his goods so
that after allowing a discount of 20% on the marked price, he gains 12%?

2.Rohit marks his goods at 40% above the cost price but allows a discount of 5% for
cash payment to his customers. What actual profit does he make, if he receives
1,064 after allowing the discount?

3. Mr Kumar went to shopping with his family to a Mall. Mrs Kumar bought a
saree for 12,500, clothes for the kids for 9,280 and shirts for Mr Kumar for
10,445. If the GST charged on the purchases is 12%, then what is the total amount that Mr Kumar has paid?
please answer these urgently please​

Answer 1

Answer:

8th

Maths

Comparing Quantities

Prices Related to Buying and Selling

How much percent above the ...

MATHS

How much percent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 10% on the marked price, he carns a profit of 8%

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ANSWER

Let marked price be Rs 100

Discount=Rs(

100

10

×100)=Rs 10

∴ Selling price Rs 90

Let east price beRs x

Profit=Rs

100

8x

∴ Selling Price Rs

100

108x

Now,

100

108x

=90

or, x=

108

90×100

=83.33

∴ Cost price=Rs 83.33

Amount masked above CP =Rs(100−83.33)

=416.67

∴ Percentage of masked price above CP

=

83.33

16.67

×100

=20%

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