CBSE Class 8 Answered
A trader buys certain items at 32percent off the list price and he wants to make a profit of 25 percent after allowing a discount of 20 percent above the list price should he mark the items??
Asked by Mdtaiyab9838 | 30 Mar, 2019, 07:58: AM
Expert Answer
Let the initial cost price = Rs.100
purchased price = Rs.68
to get 25% profit , selling price = 68 + (68×25/100) = Rs.85
to give 20% discount, listed price = 85 + (85×20/100) = Rs.102
Hence the listed price should be 2% of initial cost price.
Answered by Thiyagarajan K | 30 Mar, 2019, 09:16: AM
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