Question

if a shopkeeper wants to get a profit of 8 percent after giving a discount of 10 percent how much percent above his cost price should he mark his goods ?​

Answer 1

Answer:

Let Cost Price CP be 100 Rs

to gain 8% Selling Price SP will be 108 Rs

Now Discount is 10% on List Price

So List Price = 108*100/(100–10)

List Price = 120 Rs

Now, Hike in CP= (120–100)*100= 20%

Answer is 20%

Step-by-step explanation:

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