A shop keeper marks his goods at 30 percent above the Costprice and then gives a Dicount of 10 percent. find his gain percent
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Answer:
here is your answer
Step-by-step explanation:
M.P is 30 percent above C.P
let C.P be x
then M.P = x + 30% × x
M.P = x + 30/100 × x
LCM= 100
M.P = 130x/100
S.P= (100-d/100 )×M.P
90/100 × 130x/100= 117x/100 => 1.17x
P= S.P - C.P = 1.17x - x => 0.17x (we take x as 1 in algebra).
P% = P/C.P × 100 => 0.17x/x × 100= 17% (x and x cancels. 0.17 × 100 = 17)
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