A shopkeeper fixes the marked price of an item 25% above its cost price.Find the percentage of discount allowed to gain 10%?10%12%14%20%

Question

A shopkeeper fixes the marked price of an item 25% above its cost price.Find the percentage of discount allowed to gain 10%?10%12%14%20%
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Solution 1

Step 1: Let's assume the cost price of the item is 100 units.

Step 2: The shopkeeper marks up the price by 25%, so the marked price becomes 125 units.

Step 3: The shopkeeper wants to gain 10% on the cost price, so the selling price should be 110 units.

Step 4: Now, we need to find out the discoun Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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