Question
A retailer allows a trade discount of 25% and a further
discount of 8% on the marked price of the products, if paid along with his shop’s membership card. He makes a net profit of 15% on the cost. By what percentage are the products marked up by him?Solution
Let: Cost Price (CP) = ₹100 Profit = 15% ⇒ Selling Price (SP) = ₹115 Let Marked Price = x Discounts: 25% trade discount → 75% of x = 0.75x Additional 8% → 92% of that = 0.75x × 0.92 = 0.69x So: 
Markup % = 
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