even after allowing 12 percent on the printed price of an article, the shopkeeper earned 10 percent profit if tha same article is sold at the printed price what would be the profit percent to the shopkeeper
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Answer: 26.26 %
Step-by-step explanation:
Let printed price = x
Discount = 12% of x
= 0.12x
Then SP
Selling price = 0.88x
At this time profit = 10% of 0.88x
= 0.088x
CP = SP - Profit
= 0.88x - 0.088x
= 0.792x
If SP = MP = x
At this time Profit = x - 0.792x
= 0.208x
% of profit = (0.208x) *100 / (0.792x)
= 208*100/792
= 26.26%
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