a shop keeper marks his goods 30% above the cost price and allow a discount 15% on them. then what percentage does he gains.
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Answered by
2
SP = 130% of CP
Discount for cash payment - 15%
Cash receivable = (1–15%) of 130% of CP
Or 85% x 130% of CP
Or 110.5% of CP
Gain shall be 10.5% of cost price
There's an alternate method too:
let the cost price be Rs. 100.
then the mark up price which is 30% above the cost price,
Mark price = (100 + 30% of 100) = Rs. 130
Dealer gives a discount of 15% on mark up price, then the
Selling Price = (130 - 15% 0f 130) = Rs. 110.5.
Gain = 110.5-100 = Rs. 10.5
%gain = (10.5*100)/100 = 10.5%.
Or,
Best ides to get instant answer is put the cost of product to be Rs. 100/-
Market price = 130% of 100 = 130
Selling price = 130 -15% of 130 = 110.5
So net Profit = 110.5 - 100 = 10.5
——
Hope This Helps :)
Answered by
1
hye
==========================
A shop keeper marks his goods 30% above the cost price and allow a discount 15% on them
'let costprice be 100
he marked i=
30% of 100 +100
=> 30 +100
=>130 rs
after this he sold it for discount 15%
=> selling price =
= 110.5 rs
gain = s.p - cp
= 110.5 -100
= 10.5 rs
gain% =
= 10.5 % gain
===================
hope it helps ......................
==========================
A shop keeper marks his goods 30% above the cost price and allow a discount 15% on them
'let costprice be 100
he marked i=
30% of 100 +100
=> 30 +100
=>130 rs
after this he sold it for discount 15%
=> selling price =
= 110.5 rs
gain = s.p - cp
= 110.5 -100
= 10.5 rs
gain% =
= 10.5 % gain
===================
hope it helps ......................
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