Question

A shopkeeper marks up his goods to gain 26%. But he allows 10% discount for card payment. His profit on the card transaction therefore, in percentage is​

Answer 1

Answer:

13.4%

Step-by-step explanation:

Cost price - x

Gain - 26% = 0.26x

SP - x+0.26x= 1.26x

Discount- 10%

Gain after discount- 1,26x - 10%= 1.26x*0.9= 1.134x

Gain in % - 0.134*100%= 13.4%

Hope it helps