a shopkeeper marks his goods 30percent above the cost price and gives discount 15percent in the marked price. what gain percent does he make?
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The shopkeeper earns a profit of 15%. because it is 30% above above C.P and it is the m.p
again he is giving discount 15%.so,30-15=15
again he is giving discount 15%.so,30-15=15
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he will gain a profit of 10%
example - cost price = rs 100
he marked it as rs 130
he gave discount of 15% = 130 - [130 *15%] = 19.5
so now selling price vl be 110.5
his profit is of rs 10.5 that is approximately 10%
example - cost price = rs 100
he marked it as rs 130
he gave discount of 15% = 130 - [130 *15%] = 19.5
so now selling price vl be 110.5
his profit is of rs 10.5 that is approximately 10%
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