Question

A trader fixes the price of his goods in such a way that he wants to get 20%
profit after allowing a discount of 20%. If the cost price is Rs. 4000 its marked
price is ?​

Answer 1

Answer:

Let's assume MP is 100. He has given 20% discount on MP, So SP is 80 which is at 25% profit. So the SP is 1.25% of CP and hence, CP is 64. We have been asked to sell the product at 40% PM. So 64+40%*64 = 89.6 which is 10.4% discount on MP, 100.Discount % should be 10.4

Step-by-step explanation:

Hope this helps you buddy ✌️✌️