Question

A dealer marks his goods at 25% above the cost price and allows a discount of 12% on the marked price.find his gain and loss percent.

Answer 1

Let cost price of Goods is 100.so Mark price is 125.After allowing discount @12% selling price Will be 125*(100-12)%=110.so.profit percentage
110-100/100*100=10%

Answer 2

Gain percentage is 10 if A dealer marks his goods at 25% above the cost price and allows a discount of 12% on the marked price

Given:

A dealer marks his goods at 25% above the cost price

Allows a discount of 12% on the marked price

To Find:

Gain or Loss percentage

Solution:

Assume that Cost Price = 100C

Find marked price

Marked price = 100C + (25/100)100C = 125C

Find Discount

Discount = (12/100) 125C  = 15C

Selling price = Marked Price - Discount

Selling Price = 125C - 15C = 110C

Selling Price > Cost Price => Profit ( gain)

Gain = Selling Price - Cost price

Gain = 110C - 100C = 10C

Gain % = (10C/100C) * 100 = 10%

Gain percentage is 10.