Question

if a shopkeeper I want to get a profit of 8% after giving a discount of 10% how much percent above his cost price should he mark his good
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Answer 1

Answer:

20%

Step-by-step explanation:

Let the Cost Price of the good be 100 Rs [C.P]

to gain 8%,

Selling Price SP has to be 108 Rs

Now Discount is 10% on Marked Price

So Marked price = 108*100/(100–10)

Marked Price = 120 Rs

Now, increment % in CP= (120–100)*100

                                       = 20%