Question
A shopkeeper fixes the marked price of an item 135%
above its cost price. What percentage of discount on the marked price should be allowed to gain 41%? ÂSolution
- Let cost price (CP) = 100.  - Marked price (MP) = 100 + 135% = 235.  - Desired selling price (SP) = 100 + 41% = 141.  - Discount needed: (MP - SP)/MP × 100 = (235 - 141)/235 × 100 ≈ 40%. Â
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