Question

After allowing a discount of 20%, a shopkeeper makes a loss of 10%. By what percentage is the marked price
above the cost price?
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Answer 1

Step-by-step explanation:

let marked price be 120

discount 120×20%=24

selling price 120-24=96

now is loss 10

cp=100

sp=90

so cost price would be=96/90 ×100

=(96*10)/9=106.666

so % of marked price to cost price

=120/106.666 *100

=112.5%