Question

.Ashopkeeperwantstoearn12% profitonanitemafter
giving20% discount tothe customer. Bywhatpercentage
shouldhe increasehismarkedprice toarriveat the label
price?

Answer 1

profit=12% selling price =80x/100 marked price =x

Answer 2

@ganeshie8

Answer 3

so he gets 80% of marketprice

Answer 4

(80% of market price ) - (cost price) = (12% of cost price)

Answer 5

0.8*m - c = 0.12*c

0.8*m = 1.12c

m = (1.12/0.8)c
= 1.4c

Answer 6

that means he needs to increase the cost price by 40% to achieve the desired profit

Answer 7

yes absolutely

Answer 8

i need to solve some logical question do u know that

Answer 9

@perl