Question

Hii guys ❣❣

Solve this.....


How much per cent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 10% on the marked price, he gains 8%?

Plzzzzzzz it's urgent

❎SPAMMERS NOT ALLOWED❎

Answer 1

Let the cost price be 100.

Given, Gain = 8%.

We know that Selling price = Cost price + Gain

                                             = 100 + 8

                                             = 108.

Let the marked price be 'x'.

Given that discount is 10% on the marked price.

⇒ Discount = 10% of x

                   = 10x/100

                   = x/10.

Therefore, Selling price = marked price - discount

                                        = x - (x/10)

                                        = 9x/10.

But, selling price = 108.

⇒ 9x/10 = 108

⇒ 9x = 1080

⇒ x = 120

Therefore, the marked price is 120.

Hence, the marked price is 20% above the cost price.

Hope this helps!

Answer 2

Hi friend..
Here is the solution

ANSWER (step by step) ==

Cost * 108% = Marked * 90% 
Cost * 1.08 = Marked * 0.90 
(Cost * 1.08) / 0.90 = Marked 
1.08/ 0.90 = Marked / Cost 
1.2 = Marked / Cost 

20% uplift 

Marked at 20% above cost, 10% discount = 120% - 12% = 108% = 8% profit.

I hope it will help you
#yahyaahmad#