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Asked by manavi

after allowing 12% on the marked price a dealer still gains 21% by what percent is the marked price above the cost price
10 years ago

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Answered by Steve
12% off means 88% of the price. So,

.88p = 1.21c
p = 1.375c

so, the marked price is 37.5% above cost
10 years ago
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after allowing 12% on the marked price a dealer still gains 21% by what percent is the marked price above the cost price

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