a person wants to get 20% profit after selling his object at 20% discount. find the required percentage increase in marked place.
Answers
Answered by
9
Answer:
Let his CP = 100.
SP = 100 + 20% of 100 = 120.
As he gets this 120 after allowing a 10% discount. So,
SP = MP - 10% of MP
120 = 0.9MP
MP = 120/0.9 = 133.33.
Now, Increased price = 133.33 - 100 = 33.33.
% Increased = (33.33 * 100)/100 = 33.33%.
Similar questions
History,
6 months ago
Computer Science,
6 months ago
Biology,
1 year ago
Math,
1 year ago
Chemistry,
1 year ago