Question

A shopkeeper marks his goods 20% above cost price,but allow 30% discount for cash what is his net loss profit?

Answer 1

HEY MATE

$\huge\mathfrak\red{Solution}$

$<b>$

Let the C.P. of good be x

Profit=20%of x

$\frac{20}{100} x = \frac{x}{5}$

S.P. will be

$x + \frac{x}{5} = \frac{5x + x}{5} = \frac{6x}{5}$

Discount=30%ofS.P

$\frac{30}{100} \times \frac{6x}{5} = \frac{9x}{25}$

M.P. will be

$\frac{6x}{5} - \frac{9x}{25} = \frac{30x - 9x}{25} = \frac{21x}{25} = \frac{21}{25} x$

Hence denominator is larger than nominator

he is in loss

$<b><u>$

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