Asked by natasha
a shopkeeper after allowing a discount of 10% on the market price makes a profit of 8%.what percent above the cost price is it market.
Answers
Answered by
Steve
0.9p = 1.08c
p = 1.08/0.9 c = 1.2c
so, the price is a 20% markup before discount
p = 1.08/0.9 c = 1.2c
so, the price is a 20% markup before discount
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