# How much percent above the cost price should a shopkeeper mark his goods so that after allowing a discount of 20% on the marked price, he gains 12%?

Let the CP be Rs. 100 and MP be Rs. x

Gain % after discount = 12%

Gain = 12% of 100 = Rs. 12

Then, SP of the article = CP + Gain = Rs. (100 + 12) = Rs. 112

Discount % = 20%

Discount = 20% of Marked Price = Rs.20/100 * x = Rs. 20x/100 = Rs. x/5

As per question-

Marked Price - Discount = SP

=> x - x/5 = 112

=> (5x - x)/5 = 112

=> 4x/5 = 112

=> x = 112 * 5/4 = Rs. 140

Marked Price = Rs. 140

Amount marked above the CP = MP - CP = Rs. (140 - 100) = Rs. 40

Therefore, % amount marked above the CP = Amount increased/CP * 100 = 40/100 * 100 = 40%

• 45
Fylhk
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the cost price of a car is rs500000.the sales man marks it 10% above the cost price .then the car is sold  at a discount of 5% find the profit and profit percentage?
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akash
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Hey!
I hope this may be your ans.

X-20%x=x+12%x
80/100x =112/100x
x/x=112/100 ?100/80
=7/5
• 0
Let the CP be 100 then the SPwill 112 by using this formula SP=100+profit/100?CP now we know the SP then we can find MP to find the MP the formula is 100?SP/100-discount then by using formula the MP is 140
• 0 • -1
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Sangeeta lent 40960 to amar to purchase a shop 12.5 percent per annum if the interest is compounded semi annually .find the interest paid by Amar after 3/2year
• 0 • 1
Let the CP be Rs. 100 and MP be Rs. x

Gain % after discount = 12%

Gain = 12% of 100 = Rs. 12

Then, SP of the article = CP + Gain = Rs. (100 + 12) = Rs. 112

Discount % = 20%

Discount = 20% of Marked Price = Rs.20/100 * x = Rs. 20x/100 = Rs. x/5

As per question-

Marked Price - Discount = SP

=> x - x/5 = 112

=> (5x - x)/5 = 112

=> 4x/5 = 112

=> x = 112 * 5/4 = Rs. 140

Marked Price = Rs. 140

Amount marked above the CP = MP - CP = Rs. (140 - 100) = Rs. 40

Therefore, % amount marked above the CP = Amount increased/CP * 100 = 40/100 * 100 = 40%
• 1 • 0
I hope it helps you • 0
My mand bauns questions
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• 0
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Suleman
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lagat mulya Se 32% Jyada Lena chahie
• -1
how much percent above the cost price should a shopkeeper Mark his goods so that after allowing a discount of 10%on the marked price,he earns a profit of 8%?
• -1
Ya apko pata gai
• -1
Let the CP be Rs. 100 and MP be Rs. x

Gain % after discount = 12%

Gain = 12% of 100 = Rs. 12

Then, SP of the article = CP + Gain = Rs. (100 + 12) = Rs. 112

Discount % = 20%

Discount = 20% of Marked Price = Rs.20/100 * x = Rs. 20x/100 = Rs. x/5

As per question-

Marked Price - Discount = SP

=> x - x/5 = 112

=> (5x - x)/5 = 112

=> 4x/5 = 112

=> x = 112 * 5/4 = Rs. 140

Marked Price = Rs. 140

Amount marked above the CP = MP - CP = Rs. (140 - 100) = Rs. 40

Therefore, % amount marked above the CP = Amount increased/CP * 100 = 40/100 * 100 = 40%
• 0
Let the CP be Rs. 100 and MP be Rs. x

Gain % after discount = 12%

Gain = 12% of 100 = Rs. 12

Then, SP of the article = CP + Gain = Rs. (100 + 12) = Rs. 112

Discount % = 20%

Discount = 20% of Marked Price = Rs.20/100 * x = Rs. 20x/100 = Rs. x/5

As per question-

Marked Price - Discount = SP

=> x - x/5 = 112

=> (5x - x)/5 = 112

=> 4x/5 = 112

=> x = 112 * 5/4 = Rs. 140

Marked Price = Rs. 140

Amount marked above the CP = MP - CP = Rs. (140 - 100) = Rs. 40

Therefore, % amount marked above the CP = Amount increased/CP * 100 = 40/100 * 100 = 40%
• 0
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