A shopkeeper allows 15% discount on the marked price, still he manages to have 7% profit. How much high did he mark his goods ab
ove the cost price?
1 answer:
Answer:
Step-by-step explanation:
Given
Shopkeeper allows 15% discount on the marked price and still manages a profit of 7%
Suppose the marked price is
So, the selling price is
Suppose the cost price is
So, the percentage the shopkeeper marked his goods above cost price
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