Question

A dealer marks his articles 40%above the cost price and allows a discount of 20% on them what percent does he gain or loss

Answer 1

Answer:

12

Step-by-step explanation:

Suppose cost price is Rs 100.

CP = Rs140

$\frac{100 + 40}{100} \times 100$

Discount = 20%

SELLING Price = 100- dicount% × cp

100

$\frac{80}{100} \times 100$

SELLING PRICE = 112

COST PRICE = 100

GAIN = RS 12 OR 12%