A shopkeeper marks his goods 50% more than the cost price and allows a discount of 20% find his profit or loss percentage explain me with steps
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Let price of goods = ₹100
Shopkeeper marks on it 50% more
So, new price will be ₹150
Now he gives discount of 20%
So, 80% of ₹150= ₹120
CP=₹100
SP=₹120
Profit = ₹20
Profit % = (20/100)/100 = 20%...
Final Answer = 20%.....
Shopkeeper marks on it 50% more
So, new price will be ₹150
Now he gives discount of 20%
So, 80% of ₹150= ₹120
CP=₹100
SP=₹120
Profit = ₹20
Profit % = (20/100)/100 = 20%...
Final Answer = 20%.....
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