how much percent above the cost price should A shopkeeper marks his goods so that after allowing a discount of 10
% on the MP he gains 8%
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Explanation:
let c.p. = 100rs.
to gain 12%, s.p. = 112rs.
for allowing 20% discount , 80% of m.p. = s.p.
so, m.p. = 140rs.
so he should mark 40% above the cost price.
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