Question

If a shopkeeper wants to get a profit of 8% after giving a discount of 10%, how much per cent above his cost price should he mark his goods?

Answer 1

Let price of that article =100

If he got 8% profit then selling price =cpx(100+profit)/100

=100x(100+8)/100

=108

After allowing discount of 10% he got this selling price

So mrp=spx100/(100-discount)


Mrp=108x100/(100-10)

=108x100/90

=120


Mrp=120

Price =100

Above= 20

So he must mark the price 20% above

Answer 2

Answer:20%

Step-by-step explanation:

Cp be 100

Sp 100+8%of 100

108

Mrp 120

Price 100

Above 20

That's it