that after allowing a discount of 20% on the marked price, he gains 12%7
... How much per cent above the cost price should a shopkeeper mark his good
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Step-by-step explanation:
to gain 12%, s.p. = 112rs. for allowing 20% discount , 80% of m.p. = s.p. so, m.p. = 140rs. so he should mark 40% above the cost price.
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