A retailer buys goods for 10,000. He offers a discount of 10% on the marked price of the goods and still manages a profit of 8%. What was the marked price of the goods?
Answers
Answered by
1
Answer:
A merchant decided to mark up his goods by 20% and then offered 10% discount. What will be a percentage of profit or loss?
A. 8% profit B. 8% loss C. 4% loss D. 4% profit
The correct answer is A.
2. A superstore marks its goods by a certain percentage over the past price and then offers a discount of 40%. Using this method, they make 5% profit. Find the percentage by which the goods were marked up.
A. 60 % B. 70 % C. 72 % D. 75 %
The correct answer is D.
Similar questions