If a shopkeeper wants to get a profit of 8percent after giving a discount of 10per cent , how much pre cent above his cost price should his mark his good
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Answered by
44
Answer - 20%
Explanation -
For this type of question assume Mark Price that easily get deducted
Let Mark Price is Rs. 120
When 10% discount is given we have 120 - 10%of120 = (120 - 12) = 108
So Selling Price is Rs. 108 and we have to make 8% profit on it so our Cost Price will become Rs. 100
By this we have MP 120 and CP 100 so we have raised our MP by 20%
We can assume any number as our Marked Price the answer will be same.
Explanation -
For this type of question assume Mark Price that easily get deducted
Let Mark Price is Rs. 120
When 10% discount is given we have 120 - 10%of120 = (120 - 12) = 108
So Selling Price is Rs. 108 and we have to make 8% profit on it so our Cost Price will become Rs. 100
By this we have MP 120 and CP 100 so we have raised our MP by 20%
We can assume any number as our Marked Price the answer will be same.
Answered by
19
Answer:
20%
Step-by-step explanation:
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