Question

A shopkeeper marked his good 25% above the Cost Price and allows a discount of 16% on it. What per cent does he gain?

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Answer 1

Answer:

48.81%

Step-by-step explanation:

let cp = 100

mp = 125

d = 16%

sp=mp/(1-16%)

=125/0.84 = 148.81

gain%=((sp-cp)/cp )×100

gain% =(148.81-100)/100 ×100

=48.81%

hope this helps

Answer 2

the per cent of Good marked subtract with discount price and we get percent of gain