a seller sells his goods at a discount of 15% but still makes a profit of 2% at what percent above the cost price does he mark his goods
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Marked price is 20% above than the cost price.
Step-by-step explanation:
Since we have given that
Discount = 15%
Profit % = 2%
Let CP be 100%
As we know the relationship among them:
So, it becomes,
Hence, Marked price is 20% above than the cost price.
# learn more:
A seller mark his goods 30%more than cost price and then allow 10%discount find his gain %
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