Question

A shopkeeper increased the price of goods by 60% and then decreased by 30%. Find the gain or loss %?​

Answer 1

Ans Let price of article = Rs 100

Due to the increase in price by 60 %, it's the price would be

100 + 60 % of 100 = 100 +60 = Rs 160.

But due to the reduction in sales, the price was dropped by 30 %. Now 30 % of 160 =( 30/100) × 160 = Rs 48.

Hence reduced price of article =160 - 48 = Rs 112

Net change in price of article = 112 - 100 = Rs 12.

Therefore % change in the final price of the article

= (12/100) × 100 = 12 %  

Answer 2

Answer:

He gain 30 %

Step-by-step explanation:

He increased the goods - 60%

He then decreased the goods - 30%

= 30-60

= 30 %

He gained 30%