Question

A dealer marked his goods 40%
above cost price and a discount of
20% on the marked price. Find his
gain or loss percent.
O 15%
O 12%
8%​

Answer 1

Answer:

20% is his gain

Step-by-step explanation:

40 becomes more then -20% discount that is 20% gain

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Answer 2

Answer:

12%

Step-by-step explanation:

Let the C.P. of the goods =Rs100. Then,

Marked price of the goods =Rs140

Discount = 20%

∴ S.P. of the goods = 80% of Rs140=Rs112

∴ Profit % =

$\frac{(112−100)}{100}$

×100=12%

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