a dealer allows a discount of 10% and still gains 5%. What percent above the cost price must he mark his goods?
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Let the shop keeper marks his good by x % above the cost price.
Suppose the cost price(C.P.) of the good be Rs p.
Marked price of the good = Rs p + x % of Rs p = Rs p +Rs. x/100=Rs.p(1+x/100)
Given , Discount = 10 %
Discount on the good = 10 % of Rs. p(1+x/100)
=10/100*Rs. p(1+x/100)
=Rs. p/10(1+x/100)
Selling price of good, S.P.
= Marked price of the good – Discount on the good
=Rs. p(1+x/100)-Rs. p/10(1+x/100)
Gain = S.P. – C.P.
={Rs. p(1+x/100-Rs. p/10(1+x/100)}-Rs. p
*the image will be stage in this line
Thus, the shopkeeper marks his good above the cost price by
50/3%
Suppose the cost price(C.P.) of the good be Rs p.
Marked price of the good = Rs p + x % of Rs p = Rs p +Rs. x/100=Rs.p(1+x/100)
Given , Discount = 10 %
Discount on the good = 10 % of Rs. p(1+x/100)
=10/100*Rs. p(1+x/100)
=Rs. p/10(1+x/100)
Selling price of good, S.P.
= Marked price of the good – Discount on the good
=Rs. p(1+x/100)-Rs. p/10(1+x/100)
Gain = S.P. – C.P.
={Rs. p(1+x/100-Rs. p/10(1+x/100)}-Rs. p
*the image will be stage in this line
Thus, the shopkeeper marks his good above the cost price by
50/3%
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