By how much percent a shopkeeper must mark his goods above its cost price so as by giving 13% discount, he earns a profit of 45%. |
50% 60% 66.66% 75% |
66.66% |
C.P. : MRP = (100 - Discount)% : (100 + Profit)% = (100 - 13)% : (100 + 45)% = 87% : 145% = 87 : 145 = 3 : 5 C.P. = 3R MRP = 5R So, shopkeeper marks up his goods by = \(\frac{5R\;-\;3R}{3R}\)× 100% = \(\frac{2}{3}\) × 100% = 66.66% |