Question

A shopkeeper expects a margin of 20% on a 100 Rs. Notebook. However he give 20% discount on this product as part of a Diwali sale. At what Price he is selling this notebook in the sale

Answer 1

8%

Let's assume the CP to be 100/-

Since the SP is increased by 20% it becomes 120/-

Further he offers a discount of 10% on SP so the final SP becomes 90% of 120/- i.e. 108/-

Therefore, he earns a profit of 8/- on 100/-

So his gain % is 8%

my dear friend please thanks my 15 answers ☺☺

Answer 2

Answer:

Price he is selling this notebook in the sale is 96rs.

Step-by-step explanation:

A shopkeeper expects a margin of 20% on a 100 Rs

        LET  the Cost Price to be 100/-    

The Selling Price is increased by 20% it becomes 120/-  

However he give 20% discount on this product as part of a Diwali sale.

He offers a discount of 20% on Selling Price so the final Selling Price becomes 80% of 120/- which is equal to 96

Therefore, he earns a loss of 4rs on 100rs

So his loss % is 4%

Price he is selling this notebook in the sale is 96rs

The project code is #SPJ2