Question

a dealer marks his goods so as to make 20%. profit out due to a fire in his warehouse 5% of his goods are damaged.also 25% becomes solid and hence they had to be sold at half their cost. if he sells the remaining at the marked price,his net gain or loss is.​

Answer 1

Answer:

let cost price be =100

MP20%above cp=120

after allowing discont of =5%

SP=90/×120=108

=gain=8%

answer= 8%