a shopkeeper marks his goods 20% higher than cp and allows a dicount 5% find the gain percent
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Hello Mate!
Let the CP be Rs 100
MP is 20% above CP = 100 + 20
= 120
Then discount of 5%
Discount = 5/100 × 120
= Rs 6
SP = Rs ( 120 - 6 )
= Rs 112
Gain = Rs ( 112 - 100 ) = Rs 12
P% = 12/ 100 × 100 = 12%
Hope it helps☺!
Let the CP be Rs 100
MP is 20% above CP = 100 + 20
= 120
Then discount of 5%
Discount = 5/100 × 120
= Rs 6
SP = Rs ( 120 - 6 )
= Rs 112
Gain = Rs ( 112 - 100 ) = Rs 12
P% = 12/ 100 × 100 = 12%
Hope it helps☺!
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