How much percent more than the cost price should a shopkeeper mark his goods so that after allowing a discount of 10% on the Marked price He gains 8%.
Answers
Answered by
1
Answer:
ANSWER
Let Cost Price. = 100
Selling price when profit is 10 %=(100+10010×100)= Rs 110
Let the marked price is Rs. x
After giving a discount of 20% , the new selling price = x−(100x×20)
The shopkeeper gains 10% after giving the discount. Thus,
⇒(x−(100x×20))=110
54x=110
x=4110×5=137.5
Marked price = Rs 137.5
Required increase = 137.5−100= Rs 37.5
Answered by
2
Let Cost Price. = 100
Selling price when profit is 10 %=(100+10010×100)= Rs 110
Let the marked price is Rs. x
After giving a discount of 20% , the new selling price = x−(100x×20)
The shopkeeper gains 10% after giving the discount. Thus,
⇒(x−(100x×20))=110
54x=110
x=4110×5=137.5
Marked price = Rs 137.5
Required increase = 137.5−100= Rs 37.5
Similar questions