How much percent above the cost price should a shopkeeper mark his goods so tha after allowing a discount of 20% on the marked price, he will gain 12% ?
Plzz answer and explain.
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let the cost price be x
then selling price =( 12/100)×x +x
CP = SP - gain
so , x = 12/100x + x × 12/100
=> 1/x = 144/10000
=> x = 69.4
(12/100)×69.4 +69.4
= .....
now you calculate
:)
then selling price =( 12/100)×x +x
CP = SP - gain
so , x = 12/100x + x × 12/100
=> 1/x = 144/10000
=> x = 69.4
(12/100)×69.4 +69.4
= .....
now you calculate
:)
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