Question

A trader marked his goods 40% above the cost price . he sells them at a discount of 20% what will be the loss or gain % ????​

Answer 1

Answer:

Gain 12%

Step-by-step explanation:

Let, cost price be 100

And marked price 140

Selling price after 20% discount on marked price = (80÷100)×140

=112

Hence, gain percent = (112-100) = 12%

Answer 2

Answer:

your answer will be 12%