Question

how much percent more than the cost price should a shopkeeper marks his goods so that after allowing a discount of 20% on the MP is still make a profit of 40%​

Answer 1

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Answer 2

Answer:

20%

Step-by-step explanation:

Let marked price be Rs 100

Discount=Rs(100/10)

∴ Selling price Rs 90

Let east price beRs x

Profit=Rs

100

8x

∴ Selling Price Rs

100

108x

Now,

100

108x

=90

or, x=

108

90×100

=83.33

∴ Cost price=Rs 83.33

Amount masked above CP =Rs(100−83.33)

=416.67

∴ Percentage of masked price above CP

83.33

16.67

×100

=20%

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