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 earns a profit of 8%?
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Answered by
56
Answer:
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Answered by
76
Solution :
let the price = 100
after discount price = 100 - 10 = 90
profit the selling price
sp = 100 + 8 = 108
when 90 rs discount then mark price = 108
100 rs discount then mark price
=> 108/90 x 100
=> 120 rs
hence the mark % price
=> 120 - 100
=> 20%
=> Answer is 20%
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