Question

a dealer prices an article 20% more than CP and allows discount of 10%. Find gain%

Answer 1

CP=100
MP=120/100×100
MP=120
PROFIT=20
PROFIT % =20 %

DISCOUNT=10%
SP =108
PROFIT =8
PROFIT % = 8%

PLZZZ MARK AS BRAINLIEST

Answer 2

Gain % = (Gain / CP) * 100
Loss % = (Loss / CP) * 100
SP = [(100 + Gain%) / 100] * CP
SP = [(100 – Loss %) / 100]*CP
The above two formulas can be stated as,

If an article is sold at a gain of 10%, then SP = 110% of CP.

If an article is sold at a loss of 10%, then SP = 90% of CP.

CP = [100 / (100 + Gain%)] * SP
CP = [100 / (100 – Loss%)] * SP
Profit and Loss: Solved Examples

Question 1: An article is purchased for Rs. 450 and sold for Rs. 500. Find the gain percent.

Solution:

Gain = SP – CP = 500 – 450 = 50.

Gain% = (50/450)*100 = 100/9 %