a dealer allows of 10% of discount on the marked price how much above the cost price must he mark his goods to make a profit of 8%
Answers
Let the marked price be x.
Let the cost price be 100.
Then the selling price = 100 + 8
= 108.
Given that the dealer allows the discount of 10% on the marked price.
90% of x = 108
90/100 * x = 108
90 * x = 108 * 100
90 * x = 10800
x = 10800/90
x = 120.
Therefore the Marked price is 20% above the cost price.
Hope this helps!
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Answer:
Rs. 120
Step-by-step explanation:
Let the marked price be x.
Let the cost price be 100.
Then the selling price = 100 + 8
= 108.
Given that the dealer allows the discount of 10% on the marked price.
90% of x = 108
90/100 * x = 108
90 * x = 108 * 100
90 * x = 10800
x = 10800/90
x = 120.
Therefore the Marked price is 20% above the cost price.
Hope this helps!
Mark me as brainliest.