Question

A shopkeeper marks his goods 20% higher above the cost price and also gives a discount of 10%he uses 900gn for 1kg and at the time of buying he gets 1100 GM instead of 1kg . Find his gain percent.
2

Answer 1

your answer

Let be cost price =Rs.100

Then mark price =Rs.120

∴ Selling price =90% of 120

=

100

120×90

=Rs.108

Profit = Selling price− Cost price

=Rs.(108−100)=Rs.8

Profit % =

100

8×100

=8%

hope it will help