Question

A shopkeeper marks his good 30% above the cost price and gives a discount of 15% on the marked price.what gain % he makes?... step by step solution..

Answer 1

Hello!

Let the original price be x

• Marked Price :-

x + 30% of x

= 130x / 100

• Selling Price :

M.P. - Discount

= 130x / 100 - 15 / 100 ( 130x / 100 )

= 130x / 100 × 85 / 100

Therefore,

• Gain % :

= S.P. - Original Price / Original Price × 100

= 1105x - 1000x / 1000x × 100

= 105x / 1000x × 100

= 10.5 %

Cheers!