Question

a trader marks his goods 20% above cost price but allow a discount of 5% find his gain percent
please tell the correct answer with step by step explanation​

Answer 1

Answer:

Let, cost price 100 rupees

So, level price 100*20%+100 = 120 rupees

5% discount selling price = 120-120*5%

= 120-6

= 114 rupees

So, trader gains = 114-100

= 14 rupees

Answere 14%