Question

A trader marked his goods at 30% above the cost price and allows 20% discount .What is the profit percent​

Answer 1

Step-by-step explanation:

Let CP will be Rs.100

Marked Price = Rs.130

10% Discount on Marked Price = 10% of Rs.130

= Rs.13

So, SP = 130 -13

= Rs.117

Gain = SP – CP

= 117 – 100

= Rs.17

= (17 × 100) / 100

= 17%