Question

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 decide how many more or less percent he gets on the decided price

Answer 1

Suppose shopkeeper decides to sell an item for Rs.100==>DECIDED PRICE

Now, he increases the prices by 25%. So tag price is 100 + (25% of 100) = 125

While selling the item he offers 20% discount.

So, Selling price is 125 - (20% of 125) = 100

There is no difference in decide price & selling price.

Note: Discount is always given on Tag price.

Answer 2

Answer:

Let the decided price of the item be ₹ 100.

∴ Marked price of the item = ₹ 100 + 25% of ₹ 100 = ₹ 100 + ₹ 25 = ₹ 125

Discount on the item = 20% of ₹ 125 = 20/100×125 = ₹ 25

∴ Selling price of the item = Marked price of the item − Discount on the item = ₹ 125 − ₹ 25 = ₹ 100

Since the decided price of the item is same as the selling price of the item so the shopkeeper neither makes any profit nor any loss on selling the item.

Thus, the shopkeeper gets 0% on the decided price.