a person buys an article of rupees 20000 and sells the same for 30000 less 20% discount find his gain%
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Answered by
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Cost Price(C.P)=20000
Selling Price(S.P)=30000 at 20% discount
first we calculate discount
30000×20/100=6000
30000-6000=24000
Now,
Profit=S.P-C.P
24000-20000
=4000
Profit%=Profit/C.P×100
4000/20000×100
ANS. 20%
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