Question

A shopkeeper gives discount of 30% on mark price. And earn a profit of 40%. If he gives discount of 25% on same article. Then find his gain Percent..​

Answer 1

Answer:

So, lets say we have a $100 item. The shopkeeper gives a 20% discount for a total price of $80.

At $80, he’s making a 12% profit, so we’ll calculate his wholesale price off that:

$80 * .12 = $9.60

$80 - $9.60 = $70.40

So the total price of the item is $70.

If the item was full price at $100, and the shopkeeper decided to offer a 30% discount (30$), then he will be losing $0.40 on every sale.

Answer 2

Answer:

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