A shopkeeper fixes the marked price of an item 50% above its cost price. The percentage of discount allowed to gain 20% isQuestion Description : 20%30%25%35%
Question
Solution 1
The problem is asking for the percentage of discount a shopkeeper can give to still gain a profit of 20% if the marked price is 50% above the cost price. Here's how you can solve it:
Step 1: Let's assume the cost price of the item is $100.
Step 2: According to the problem, the shopkeeper marks up 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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