Q.1. A shop keeper allows 15% discount on the marked price, still he m

1.	Q.1. A shop keeper allows 15% discount on the marked price, still he manages to have 7 profit. How much high did he mark his goods above the cost price?
Answer» Answer: 40% above COST price Explanation: For simplicity assume CP is 100 so SP will be 119 now MP will be 119+15% = 140 So, CP is 100 MP is 140 Therefore MP is 40% above CP

Q.1. A shop keeper allows 15% discount on the marked price, still he manages to have 7 profit. How much high did he mark his goods above the cost price?

Answer»

Answer:

40% above COST price

Explanation:

For simplicity assume CP is 100 so SP will be 119 now MP will be 119+15% = 140

So, CP is 100 MP is 140

Therefore MP is 40% above CP

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Q.1. A shop keeper allows 15% discount on the marked price, still he manages to have 7 profit. How much high did he mark his goods above the cost price?​

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Q.1. A shop keeper allows 15% discount on the marked price, still he manages to have 7 profit. How much high did he mark his goods above the cost price?