Question

A shopkeeper marks goods 25% above cost price and gives 15% discount. Find gain Or loss percentage ​

Answer 1

Answer :Let the cost price be Rs. 100.

then the mark up price which is 30% above the cost price,

Mark price = (100 + 30% of 100) = Rs. 130

Shopkeeper gives a discount of 10% on mark up price, then the  

Selling Price = (130 - 10% 0f 130) = Rs. 117.

Gain = 117-100 = Rs. 17

%gain = (17*100)/100 = 17%.

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