Question

A trader marks his goods 20℅above the cost price . If
he gives a discount of 10℅on marked price , then find his gain percent

Answer 1

Answer:

8%.

Step-by-step explanation:

• Let the cp be Rs. 100.
• So the MP = 100 x 120% = 120.
• SP = 120 x 90% = 108.
• Gain = 108 - 100 = 8.

Gain% = 8/100 x 100% = 8%.