A shopkeeper buys an article marked at rs 2500 with 20% and 5% discount he spends rs 1000 for his repaireing and sells it for rs 25000 what is his gain or loss percentage
Answers
Answered by
2
Marked Price = 25000.
After first discount it become,
= 25000 - 20% of 25000 = 20000.
After second discount, it becomes
= 20000 - 5% of 20000 = 19000.
So, SP = 19000.
CP for the man who bought it, as he spends 1000 on repair.
= 19000 + 1000 = 20000
Profit = 25000 - 20000 = 5000.
%Profit = (5000*100)/20000 = 25%.
After first discount it become,
= 25000 - 20% of 25000 = 20000.
After second discount, it becomes
= 20000 - 5% of 20000 = 19000.
So, SP = 19000.
CP for the man who bought it, as he spends 1000 on repair.
= 19000 + 1000 = 20000
Profit = 25000 - 20000 = 5000.
%Profit = (5000*100)/20000 = 25%.
Similar questions