Math, asked by simi235, 10 months ago

a clothing store owner mark his item 60% more than their cost price and allows a discount of 15% find the gain or loss percent

Answers

Answered by dragomegaman

Answer:

36%

Step-by-step explanation:

Answer is given in the picture.

Good Luck.

Attachments:

simi235: no the answer is loss of 20 Percentage

dragomegaman: I would like you to check it again. I have done it with a different method and got the same result.

simi235: no but the answer is loss of 20 percentage

simi235: and can you help for the another question

simi235: but it is wrong

Answered by slicergiza

Answer:

Step-by-step explanation:

Let x be the original price of the item,

Marked up percentage = 60%,

So, the marked up price = x + 60% of x

= x + 0.6x

= 1.6x

Now, discount percentage = 15%,

Thus, selling price = 1.6x - 15% of 1.6x

$=1.6x -\frac{15\times 1.6x}{100}$

$=1.6x - 3\times 0.08x$

$=1.6x - 0.24x$

$=1.36x$

$\because \frac{SP-CP}{CP}\times 100=\frac{1.36x-x}{x}\times 100=36\%$

Hence, there is gain of 36%.

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