Math, asked by nirbhaykumar454, 1 year ago

how much percent above the cost price should A shopkeeper marks his goods so that after allowing a discount of 20% on the Marked price, he gains 12%

Answers

Answered by siddhartharao77
8
Let the cost price be 100 and marked price = x.   ----------------- (1)

Given, he gains = 12%. So he should sell at 112 Rs.   ------------ (2)

Given, discount = 20%.    -------------- (3)

On solving (1),(2),(3), we get

x - 20x/100 = 112

x = 140.

So, the shopkeeper should mark the goods at 140 rs i.e 40% more than the cost price.


Hope this helps! 
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