A shopkeeper allows a discount of on an item. How much per cent above the cost price should he mark his goods to make a profit of ?
- A
- B
- C
- D
Solution & Step-by-step Explanation
Let the Cost Price (CP) of the goods be .To make a profit of , the Selling Price (SP) must be:
A discount of is given on the Marked Price (MP):
Markup percentage above Cost Price:
A discount of is given on the Marked Price (MP):
Markup percentage above Cost Price: