A shopkeeper decides to sell a certain item at a certain price. He tags the price on the item by increasing the decided price by 25%. While selling the item, he offers 20% discount. Find how many more or less percent hw gets on the decided price.
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he gets 25 percent more
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Step-by-step explanation:
let the cost price of the item be = 100
he increased the price by 25%
now the price is = 125
he offers 20% discount.
so his selling price= 125 - 125* (20/100) = 100
he will not get percentage on selling the item.
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