Profit and Loss Practice Test 6

Question : 37 of 40

Marks: +1, -0

How much per cent above the cost price should a shopkeeper mark his goods so that after a discount of 12.5% on marked price, he gains 25%?

Solution:

Let CP = Rs 100
Then SP = Rs 125

MP=[1-12.5/100]=125

So, MP = Rs 142.86
So, the shopkeeper has to mark-up his goods by 42.86%.

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