Question

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%

Answer 1

Profit = 20% = 360 Rs

So, Cost Price = 360 / 20 * 100 = 1800 Rs

And Sales Price = 1800 + 360 = 2160 Rs

Discount = 25% of marked price

So Sales Price = (100 - 25) % = 75% of marked price

=> 2160 = 75% of marked price

=> marked price = 2160 / 75 * 100 = 2880 Rs

Answer 2

Answer:

profit = 20% = 360

so, 360/20×100= 1800rs

1800+360=2160rs

discount 25%

100-25%=75%.........