Question

A bussinessman marks his goods at 30% above the cost price. Then,he sells them at a discount of 15%. Find his profit per cent.

Answer 1

Best ides to get instant answer is put the cost of product to be Rs. 100/-

Market price = 130% of 100 = 130

Selling price = 130 -15% of 130 = 110.5

So net Profit = 110.5 - 100 = 10.5 Rs on Rs 100

So net percentage gain = 10.5%