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
Answers
Answer:
Therefore, we get the marked price of the item as Rs. 100, selling price of the item after 10% discount is Rs. 90 and the cost price with an 8% profit is Rs. 83.34.
Step-by-step explanation:
Answer:
answer is 20%
Step-by-step explanation:
Let the Mp be= Rs. 100
discount=10%
then, sale price= 100/100×(100-10)
= discount/100×(100-discount)
sp= Rs.90
Now, cp of the shopkeeper=Rs.x
profit= 8%
Sp= 108x/100
= (100+profit)/100×cp
But Sp= Rs. 90
then, 108x/100 = Rs. 90
x = 90×100/108 = Rs. 83.33
thus, Cp of the shopkeeper= x = Rs. 83.33
Amount marked above than Cp= Rs. (100-83.33)
= Rs. 16.67
Percent= 16.67/83.33×100
= 20% . ans...