Pat is 20 years older then his son james. In two years pat will be twice as old as james. How old are they now?
1 answer:
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Answer:
The Answer should be 6%
Step-by-step explanation:
Given,
MP =1500 and Discount =10%
So, SP = 1500 × 90% =1350
We know, profit = × 100%
=>20 = × 100
=>CP = 1125
Now, if profit =12%
then, SP' = 1260 ;(using previous equation for profit and CP=1125)
So, SP' = MP × (100 -Discount )
∴ Discount = 16% ;(SP' = 1260 and MP = 1500)
So, Discount should be increased = 16% - 10% = 6%
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