Question

38.
A person buys an article of 20,000 and sells the same for 30,000 less 20% discount. Find his gain percent-​

Answer 1

Answer:

20%

Step-by-step explanation:

Cost Price(C.P)=20000

Selling Price(S.P)=30000 at 20% discount

first we calculate discount

     30000×20/100=6000

30000-6000=24000

Now,

     Profit=S.P-C.P

              24000-20000

              =4000

    Profit%=Profit/C.P×100

               4000/20000×100

              ANS. 20%