how much percent more than the cost price should a trader mark his goods so that after allowing a discount of 20% in the mp, he still gets 20% profit
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Answered by
7
Answer:
40%more
Step-by-step explanation:
y+x-20%ofx=x+20xdivided by 100
where x is cp and y is percentage
Answered by
21
Suppose Cost price is Rs. 100 then since he gets 20% profit, he should sell it by Rs. 120, but Rs. 120 is after applying 20% discount.
so after giving discount on some Rs. x
x- 20/100*x = 120
100x - 20x = 120*100
80x= 12000
X = 150 .
i.e. 50%
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