Question

how much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 20% on the mp he still gets a profit of 20%​

Answer 1

Answer:

40 percent

Explanation:

Discount = 20 percent

Profit = 20 percent

Let the answer be X.

(X – Discount) = Profit = 20 percent

(X – 20 percent) = 20 percent

X = (20 + 20) percent

X = 40 percent