Question

A shopkeeper mark an article which is 60% more than the cost price and allow a discount of 25% on it. Find his gain per cent.
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Answer 1

Answer:

As this gain/profit is on cost price of 100, therefore the profit is 14 percent. ... A product is sold at a profit of 25% on buying price. ... marks his goods 20% higher than the cost price and allows a discount of 5 %.

Answer 2

Answer:

As this gain/profit is on cost price of 100, therefore the profit is 14 percent. ... A product is sold at a profit of 25% on buying price. ... marks his goods 20% higher than the cost price and allows a discount of 5 %.

Step-by-step explanation: