Question

A shopkeeper marks his goods 30 percent above the cost price and gives a discount of 15 percent on the marked price. What gain percent does he make​

Answer 1

let the CP be RS.100

MP- 100+ 30(30%)

=Rs.130

discount- 15% of 130

=15/100*130

=RS.19.5

SP-) MP-Discount

130-19.5

Rs.110.5

Profit-) SP-CP

110.5-100

Rs.10.5

Profit %- profit/CP*100

10.5/100*100

10.5%

Answer 2

He makes 15% profit on goods.