a trader marks his goods 30% above the cost price but makes a reduction of 25/4 on the marked price find his gain percent
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Answered by
5
Answer:
21.875%
Step-by-step explanation:
Let C.P. = Rs. 100
Marked price is 30% above C.P.
Therefore Marked price is Rs. 130
He makes a deduction of 6 1/4 % on the marked price.
Deduction is 130 x 25/400 = 65/8 = Rs. 8.125
Therefore Selling price = Rs. 130 - Rs. 8.125 = Rs. 121.875
% Gain = S.P - C.P X 100 = 121.875 - 100 X 100 = 21.875 %
C.P 100
Answered by
1
Answer:
21.875
Step-by-step explanation:
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