8. A shopkeeper decides to sell a certain item at a certain price. He tags the price on the item by increasing the decided price by 25%. While selling the item, he offers 20% discount. Find how many more or less percent he gets on the decided price.
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Answer:
offers 20% discount
Step-by-step explanation:
by increasing the decided price by 25%.
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Answer
AnswerLet us assume the decided price is Rs 100.
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.Also given that discount is 20% on the marked price.
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.Also given that discount is 20% on the marked price.We know Selling Price = Marked Price – Discount
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.Also given that discount is 20% on the marked price.We know Selling Price = Marked Price – DiscountSelling Price = 125 – 25 = Rs 100
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.Also given that discount is 20% on the marked price.We know Selling Price = Marked Price – DiscountSelling Price = 125 – 25 = Rs 100So, when the decided price is Rs 100, the selling price is Rs 100.
AnswerLet us assume the decided price is Rs 100.Given the marked price is 25% more than decided price.Also given that discount is 20% on the marked price.We know Selling Price = Marked Price – DiscountSelling Price = 125 – 25 = Rs 100So, when the decided price is Rs 100, the selling price is Rs 100.Therefore, the shopkeeper sold the item for 0% more than the decided price (neither any profit nor any loss).
Step-by-step explanation:
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