Question

14.
A shopkeeper marks his article 20 % above the cost price and offers a discount of
5
1
3.
%, then fnd his gain percent.
a) 14.4 %
b) 13.6%
d) 8
c) 10.7%​

Answer 1

Answer:

Let be cost price =Rs.100

Then mark price =Rs.120

∴ Selling price =90% of 120

=

100

120×90

=Rs.108

Profit = Selling price− Cost price

=Rs.(108−100)=Rs.8

Profit % =

100

8×100

=8%