Math, asked by mhatreseema62, 4 days ago

A merchant marks his goods 70% above cost and then allow 20% trade discount and further 1% cash discount. Find his % profit.

Answers

Answered by reddragonn201

1

Answer:

CP= 100 MP = 170

Discount 1 = 20% ie: 170x 20/100 = 34 so MP = 136

Discount 2 = 1% ie: 136x 1/100 = 1.36 so SP= 134.64

Profit% = 34.64%

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