A shopkeeper allows 10% discount on goods
when he sells without credit. Cost price of his
goods is 80% of his selling price. If he sells his
goods by cash, then his profit is?
Answers
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2
Answer:
Ans: 25%
Suppose selling price = 100
Then, cost price = 80
Profit = 100-80 = 20
profit percent
=
20
80
×
100
=
25
%
=2080×100=25%
Note: discount is given on market price and not a required information here.
not sure about the answer but hope it works
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