By what % should the marked price of an article be above its cost price so that even after giving a discount of 10% on the marked price, a profit of 20% can be.
Answers
Answered by
0
Answer:
25%
Step-by-step explanation:
Let Mp be 100x
Discount of 10% is allowed
therefore Sp = 100x- 10/100*100x
=100x-10x
=90x
20% profit is allowed now
therefore Cp =90x*100/120
=75x
now mp of article above cp
= (100x-75x)/100x*100%
=25%
Similar questions