The marked price of an item is Rs 1500 and 10% discount is given to make 20% profit, by what percent is the discount to be increased to get only 12% profit
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0
Answer:
500
Step-by-step explanation:
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Step-by-step explanation:
GIVEN THAT,
Marked price(MP)=1500rs
Discount=10%
so,discount is 10% of 1500
10% of 1500=150rs
so,Sp=MP-D
SP=1500-150
Sp=1350rs
Profit=120%
then,20% of Cp=1350
therefore,Cp=1125
in second case,
profit=12%
so,Sp=112% of 1125=1260rs
Here new discount becomes,
1500-1260rs
240rs
so new discount%=(240/1500)×100
16%
HENCE,DICOUNT PRECENTAGE HAS TO BE INCREASED BY 4%
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