Question

a garment seller marks his garments at 4% above the cost price and allows a discount of 20%. Find out his gain or loss percent​

Answer 1

Step-by-step explanation:

C.P of goods= Rs.x

Now, MP of goods=x+35% of x=x+

100

35x

=

100

135x

=

20

27x

Now, the rate of discount=20%

Discount=20% of Rs

20

27x

=

100

20

×

20

27x

=

100

27x

, S.P=M.P−Discount=

20

27x

−

100

27x

=

100

135x−27x

Rs.=

100

108x

=Rs.

25

27x

Now,Profit=S.P− C.P =

25

27x

−x= Rs.

25

2x

Profit %=[

C.P

profit

×100]%

=

25×x

2x

×100%

=8%