A shopkeeper allows a discount of 25% on the written price. How much per cent
above the cost price must he mark his goods so as to make a profit of 20%?
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Answer:
lets take c.p. = 100 rs.
profit = 20%
so s.p. = 120rs.
Marked price - discount = s.p.
M.P. x (75/100) = 120
M.P. = 160 rs.
so he should mark m.p. 60% above the c.p.
Step-by-step explanation:
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