A shokeeper marked his goods 20%above the
c.P and allows a discount of 15% what percentage does he gain or loss
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Method (1)
let CP = 100
MP = 120
SP = 120*85/100 = 102
Gain = 102 - 100 = 2
Gain % = 2*100/100 = 2% (ans.)
Method (2)
120 = 100(100+P)/85
12*85 = 1000+10P
10P = 1020-1000
P = 20/10 = 2% (ans.)
[ mark as brainlist if you understand]
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