Question

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Answer 1

Answer:

let cost price be100

gain required = 20%

selling price =120

mp be x

discount =25% of x

( x*25/100)=x/4

so =mp-discount

1(x-x/4)=3x/4

3x/4=120

= x =(120*4/3)=160.

m.p=160

mp=60%

answerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Answer 2

Answer :-

For allowing 20% discount , 80% of m.p.=s.p .so , m.p.= 140rs. so he should mark 40 % above the cost price