Question

How much percent above the cost price should a retail allowing a discount of 15%on the marked price he still gains 15%
​

Answer 1

Answer:

32.25%

Step-by-step explanation:

if we assume the cost price = 100

then in the end the selling price is 115 . since he earns 15% profit..

now since he will give 15% discount but still the selling price will be 115

so can say he will add more 15% to 115 beforehand.

so  15 % of 115 = 115× 15/100  = 17.25

therefore selling price will be 115 +17.25 = 132.25

now,  132.25 -100 = 32.25.

therefore the seller will mark 32.25% adove the actual cost price.