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6 years, 2 months ago
how much percent more than the cost price should a shopkeeper mark his good so that after allowing a discount of 25%on the market price he gains 20%?
6 years, 2 months ago
assume cost 100
target profit 20
price after discounting 120 which is 75% of market price. hence market price= 120×100/75=160
answer: 60%
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