Question

a shopkeeper profess to sell all articles at a discount of 20% but increase the selling price of each articel by 30 % .his gain on each article is ? plz explain in brief with formula​

Answer 1

Answer:

4%

Step-by-step explanation:

Given,

a shopkeeper profess to sell all articles at a discount of 20% but increase the selling price of each article by 30 % .his gain on each article is ?

let CP=100%

Profit=30%

SP=CP+profit

SP=130%

he allows a discount of 20%

(100-20)% on SP

80%of 130=104%

then Profit=SP-CP

Profit=104-100

        =4%