Question

A shopkeeper is allowing a discount 20%on his good , how much percent above the cost price shojuld he mark hus goods , so that after allowing a discount on the marked price , he gains 25% ?

Answer 1

let cp of good is x

then sp

125% of cp is sp

125% of cp=sp

sp=1.25x (cp=x)

Now MP

20% Discount on mp

80% of Mp=1.25x

Mp=1.25x÷80%

Mp=1.25x÷0.80

Mp=1.5625x

His Mp percentage above Cost price is

1.5625x-x=.5625x

Percentage above the cost price is=

.5625x×100/x

56.25%

The answer is 56.25%

Answer 2

Explanation:

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