Question

A dealer marks his goods 30% above the cost price and gives a discount of 10%. Find his profit percent

Answer 1

Let the cost price be Rs. 100.
then the markup price which is 30% above the cost price,
Mark price = (100 + 30% of 100) = Rs. 130
Shopkeeper gives a discount of 10% on mark up price, then the
Selling Price = (130 - 10% 0f 130) = Rs. 117.
Gain = 117-100 = Rs. 17
%gain = (17*100)/100 = 17%.

Answer 2

Answer:

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