Question

A shopkeeper marks his goods 30% above the cost price and gives a discount of 15% on the Marked price what is the gain percent

Answer 1

Solutions :-

Let the cost price of goods be Rs 100

Given :
Marked price = 30% of 100 + 100
= 0.3 × 100 + 100 = Rs 130
Discount = 15%


Find the Selling price of goods :-

S.P = M.P - discount % of M.P
= 130 - 15% of 130
= 130 - 19.5
= 110.5

Now we have,
Selling price = Rs 110.5
Cost Price = Rs 100

Selling price is greater than the Cost price. Therefore, Profit.

Profit = S.P - C.P
= Rs (110.5 - 100)
= Rs 10.5


Profit % = (profit × 100)/C.P %
= (10.5 × 100)/100 %
= 10.5 %


Hence,
Profit percent = 10.5%

_______________________

✯ @shivamsinghamrajput ✯

Answer 2

$<b><h3>$

Solutions :-

Let the cost price of goods be x

Marked price = 30% of x + x
= 0.3 × x + x = Rs 1.3x

Discount = 15%


Find the Selling price of goods :-

S.P = M.P - discount % of M.P
= 1.3x - 15% of 1.3x
= 1.3x - 0.195x
= 1.105


Selling price = Rs 1.105x
Cost Price = Rs x

Selling price > Cost price

Profit = S.P - C.P
= Rs (1.105x - x)
= Rs 0.105x


Profit percentage = (profit × 100)/C.P %
= (0.105x × 100)/x %
= 10.5x/x %
= 10.5 %


Answer : Profit percent = 10.5%