Question

A dealer marks his goods at 35percent above the cost price and allows a discount 20 percent on the marked price find his gain or loss percent

Answer 1

Answer:

Let assume

Cp=100

Then mrp=135 (35% of 100=35 )

Now he allows the discount of 20%

20% of 135

=27

Then sp=135-27=108

Sp>cp==> profit

Profit=108-100=8

Profit%=profit /cp x100

=8/100 x 100 =8%

Direct

Cp=100

Sp=

100 \times \frac{135}{100} \times \frac{80}{100} = 108100×

100

135

×

100

80

=108

Profit =8

Profit %=8%

Answer 2

Answer:

Let assume

Cp=100

Then mrp=135 (35% of 100=35 )

Now he allows the discount of 20%

20% of 135

=27

Then sp=135-27=108

Sp>cp==> profit

Profit=108-100=8

Profit%=profit /cp x100

=8/100 x 100 =8%

Direct

Cp=100

Sp=

100 \times \frac{135}{100} \times \frac{80}{100} = 108100×

100

135

×

100

80

=108

Profit =8

Profit %=8%