Question

A shopkeeper marks his book at 25% above the cost price due to the slump in the market is caused the reduced by 5% and then to boost his sale he offered a discount of 8% due to which sales goes up by 25% compute the changes in the shopkeepers profit.​

Answer 1

Answer:

Due to high collapse in market his cost reduces by 5% and he  offers a discount of 8% due to which the sales go up by 25%

Step-by-step explanation:

Answer 2

Answer:

Due to a slump in the market, his cost reduces by 5%. He thus offers a discount of 8% due to which the sales go up by 25%.

Step-by-step explanation:

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%.