Question

After allowing a discount of 12% on the marked price, a shopkeeper still gains 21%. By what percent is the marked price above cost price?
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Answer 1

Answer:

37.50%

Step-by-step explanation:

let the C.P. = Rs. 100

S.P. = 121% of 100 = Rs. 121

M.P. = 121×10088= Rs.137.5

M.P. Above% = 137.5−100100×100

= 37.5%