Question

a shopkeeper marks his goods at 25% above cost price and allows discount of 25% on marked price.what is the overall profit or loss?​

Answer 1

Answer:

Step-by-step explanation:

Let the Cost price be Rs. 100

Marking 25% will make the price tag as Rs. 100 + 25 = 125

He allows discount of 25% on the marked price. Meaning the buyer can pay 25% of Rs. 125 less.

25% of Rs 125 is ( 125 x 25/100) = Rs. 31.25

So the buyer pays (125 - 31.25) = Rs. 93.75

Cost Price - Sell Price = (- ) Rs. 6.25

Answer : The overall loss to shopkeeper is  6.25%

Answer 2

A shopkeeper marks his good above the cost price = 25%

allow discount at = 25%

S.P. = 100 - dis% / 100 × M.P.

= 100 - 25% / 100 × 25

= 75/100 ×25

= 25/4

= 6 1/4 % is answer