The marked price of an item is rs4000 and 10% discount is given to make 20% profit by what percent is the discount to be increased to get only 12%profile
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hope it's helpful to you!
Step-by-step explanation:
MARKED PRICE — — — — — — 4000
DISCOUNT - 10% HENCE SELLING PRICE = 3600
IF A PROFIT OF 20% IS MADE ON THIS DEAL, THE COST PRICE = 3000
IF ONLY 12% PROFIT IS TO BE MADE, THE SELLING PRICE = 3360.
WHENCE THE DISCOUNT SHOULD BE 640 ON AN MP OF 4000.
(i.e) 16%. FROM 12% TO 16% AN INCREASE OF 4%
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