Question

An incentive of a 4% discount is given on the sale of a thermos flask. If the sale should result in an 8% profit, how much percentage above the cost price should the flask be marked.

Answer 1

Answer:

please mark a brilliant

Step-by-step explanation:

Let SP be x MP = 100/(100-4) × x = Rs. 25x/24 CP = 100/(100+8) × x = Rs.25x/27 Difference = MP - CP = Rs. 25x/216 Per cent = 25x/216 ÷25x/27 × 100 = 12.5%(ans)