Question

how much per cent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 15 percent on the marked price, he gains 8 percent​

Answer 1

Step-by-step explanation:

So,the marked price above the cost price would be Rs. (100 – 83.33) = Rs. 16.67. So, the conclusion is that the shopkeeper must increase the cost price of the item by 20% to give a discount of 10% to the customer and make a profit of 8% for himself at the same time.