Question

A dealer marks his goods 20% more than the cost price, and offers a discount of 10%.
Find his gain or loss %.
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Answer 1

Answer:

Given:

. A dealer marks his goods 20% more than the cost price .

. And discount of 10% .

To Find:-

.His Gain or Loss .

Solution:-

Let,

.   Cost price  = Rs.100

☞︎︎︎ Then it is given that, mark price is 20% more than cost price .

➪ 100 + 20%

➪ 100 + 20/100 × 100

➪ 100 + 20

➪ Rs.120

. Therefore,

☯︎ According to the question, discount is 10% .

: selling price=90%of  M.P

:selling price = 90/100x120

: selling price= Rs.108

. Here, S.P > C.P ( 108 > 100)

✯ Hence, Here Profit is happened .

Profit = S.P-C.P

⇒ Profit = 108 - 100

⇒ Profit = Rs.8

% profit = profit/C.P×100

:⇒ % Profit = 8/100×100

:⇒ Profit=8%

The profit of dealers is "8%" .