Question

a shopkeeper wants to get a profit of 8%after giving a discount of 10%how much percent above his cost price should he mark his goods​

Answer 1

Answer:

THE SHOPKEEPER WANTS A PROFIT OF 8%

DISCOUNT TO BE GIVEN IS 10 %

SO,

THE SHOPKEEPER SHOULD MARK THE COST PRICE OF THE GOODS 18% HEIGHER THAN THE PRICE WHICH HE PURCHASED !

HOPE IT HELPS

Answer 2

Answer:

To gain 8% after allowing a discount of 10% by what percent cost price should be hiked in list price?

20% above the cost price.

Let the marked price is ₹100

So selling price should be = 90% of 100 or ₹90

Which clearly says that we are earning 8% profit on 90%

SP = 90/108

SP = 5/6

So the CP = 5

SP = 6

Profit = 1

Profit = 1/5*100 = 20%

The item should be hiked by 20% to gain 8% profit.

$thanks$