A shopkeeper allows a discount of 10% on the marked price of his
goods. He still makes a profit of 17% on the cost price. What is the
profit percent he would have made if he had sold the goods at the
marked price?
Answer the following question
Answers
Answered by
0
Answer:
20%
Step-by-step explanation:
ANSWER
let Marked price of an article be x
Discount on article =x−10%ofx
=x−
100
10
x
=0.9x
Therefore, selling price of the article=0.9x
Now, Gain % =
cp
sp−cp
Put the value of gain % and sp in the above equation and calculate cp.
100
8
=
cp
0.9x−cp
8cp=90x−100cp
108cp=90x
cp=
108
90x
cp=
6
5x
Therefore, cost price cp marked above marked price(mp) =
cp
mp−cp
×100
Put the valus of cp and mp in the above equation
=
6
5x
x−
6
5x
×100
=
6
5x
6
x
20%
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