Question

a shopkeeer marks aĺ his gods20% above the cost price and then gives5% discount on the marked price.find his profit percent

Answer 1

Let C.P =x

Then, S. P =

(x) plus (20%of x)

S. P =120x/100

New S. P = OrignalS. P (1-discount%/100)

Discunt %=5%

Hence,

New S. P=114x/100

Profit =S.P-C.P

Profit=14x/100

Profit % =Profit/C.P into 100

Profit % =14x/100x into 100

Profit %=14%