Question

A shopkeeper decides to sell a certain item at a certain price.He makes the price of the item,by increasing the decided price by 30 percent while selling the item,he offers 20 percent discount.Find how many percent he gets more on the decided price.​

Answer 1

answer is 4%

if item cost price 100$

increase 30%

then sell price 130$

now substract discount 20% of 130$ is 26$

it becomes 130$ - 26$=104$

then((sell price - cost price)/sell price) * 100

((104-100)/100))"100=4%