A shopkeeper sold the articles on 15% discount on its printed value and gained 19%. If he would not declare discount on the article, then how much percent he would gain?
Answers
Answer:
Step-by-step explanation:
his structured approach would be helpful :
Let CP = 100
MP = x
Discount = 15%
SP = 119
Profit = 19
Facts :
MP is always marked up as a % of CP.
Discount is always on MP
MP - Discount = SP
SP - CP = Profit
Plugging in values, x - 0.15x = 119
=> 0.85x = 119
=> x = 119/0.85 = 140
Markup = 40/100 x 100 = 40%
Note : There are five variables involved in this type of question. If these variables are written strictly in above order, and any four variables are known, it is easy to determine the fifth.
Answer:
If he would not declare discount on the article, then 40 % he would gain.
Step-by-step explanation:
It is given that,articles on 15% discount on its printed value and gained 19%.
we know that
19%=m% -15%-15×m/100
Or,34%=85/100 m
Or, m=40%
it should be 40 %
If he would not declare discount on the article, then 40 % he would gain.