A shopkeeper gains 20% while buying the
goods and 30% while selling them. Find
his total gain percent. Please give answer using formulas
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Answer:
Let the C.P. of the goods be Rs. 100.
As the shopkeeper gains 20% at the time of buying, the shopkeeper buys the articles worth Rs. 120.
∴ S.P. = Rs.
100
120×(100+30)
= Rs.
100
120×130
= Rs. 156
∴ % gain =
100
(156−100)
×100=56 %.
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