Question

a shopkeeper marks his goods 30% above the cost price and gives discount of 10% on the market price what percent gain does he make​

Answer 1

Answer:

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% of 130) = Rs. 117

Gain = 117 - 100 = Rs. 17

%gain=(17/100) ×100 =17%

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Step-by-step explanation: