How much percent above the cost price should A shopkeeper on his goods so that after allowing a discount of 25% on the marked price, he gains 20%
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Let MRP=100
Then sp=75
By selling on 75 he get 20% profit
Cp=75x100/120 =62.5
Above marked =100-62.5=37.5
In %=37.5/62.5 x100
=0.6x100
=60%
This is ur ans hope it will help you in case of any doubt comment below
Then sp=75
By selling on 75 he get 20% profit
Cp=75x100/120 =62.5
Above marked =100-62.5=37.5
In %=37.5/62.5 x100
=0.6x100
=60%
This is ur ans hope it will help you in case of any doubt comment below
ShreyaXYZ1:
Once again thanks
ur welcome
Hmm
In which class do you study
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