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28. A shopkeeper, allows a discount of 20% and makes a profit of 20% on a transaction. By how much percent does the marked price exceed the cost price (calculate on the C.P)?
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- let MP be 100.
so SP will be 80
now to earn 20% CP should be 66.666
so marked price is (100-66.66)/66.66 *100 percent above CP
ans = 50% - 11 years agoHelpfull: Yes(14) No(0)
- 80% of S.P. = 120% of C.P.(80% because of 20% discount on Marked Price
120% because of 20% profit on Cost price)
Thus S.P.=150% of C.P. - 11 years agoHelpfull: Yes(2) No(0)
- the answer will be in percentage (100-66.66)/66.66=0.500=50% ANS
- 11 years agoHelpfull: Yes(1) No(0)
- 4x/5=120 where x=m.price
so,x=150 let (cp =100)
ans=50% - 11 years agoHelpfull: Yes(1) No(0)
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