Question

a shopkeeper marks an article with a price which is 40% above the cost price and allow a discount of 20% on it what us his gain per cent​

Answer 1

Answer:

Suppose C.P=Rs.100

Marked price =Rs.100+Rs.20=Rs.120

Discount =Rs.10012×120=Rs.14.40

∴S.P=Rs.120−Rs.14.40=105.60

∴Gain=Rs.105.60−rs.100=Rs.5.60

∴ Gain % =1005.60×100=5.6%