Question

A trader gain 20%after allowing a discount of 4% on the marked price of an articles. find how much percent above the cost price has he marked the articles​

Answer 1

Answer:

assume the cost price is rupees 100

trader gains 20% = 20%of 100 =20 rupees

market price is 120rupees

he got the profit after giving discount of 4%

so market price - 4% of market price=96%

(96/100) of market price=120

market price=120x(100/96)

mp =rupees 125

so answer is 25%