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
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The percentage of discount flask is marked : 4%
The sale should result in 8 %
Lets assume that the actual price of the thermos flask is x [ SP ]
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)
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