Question
A shopkeeper decides to raise the marked price of an
article by 40%. How much percentage discount should he allow to be able to sell the article at the original marked price?Solution
ATQ,
Let original marked price = 100 After 40% increase → new marked price = 140 Required discount = (140 − 100) ÷ 140 × 100 = 40 ÷ 140 × 100 = 28.57% or {28(4/7)%}
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