Question

A trader marks his goods 30% above the cost price he sells them at a discount of 15% what is his loss or gain percentage ​

Answer 1

Answer:10.5% gain

The working is shown in the attached image.

Answer 2

His gain percentage is 10.5%.

Step-by-step explanation:

Consider the provided information.

Let the cost price of goods is 100.

Trader marks his goods 30% above the cost price.

That means marked price is: 130% of 100 = 130

Now he is offering a discount of 15%.

That means customer needs to pay 100%-15% = 85% of the marked price.

Selling Price = 85% of 130 = 0.85×130 = 110.5

Profit = selling price - cost price

Profit = 110.5 - 100 = 10.5

Now calculate the gain percentage.

$Profit\%=\frac{10.5}{100}\times 100=10.5\%$

Hence, his gain percentage is 10.5%.

#Learn more

A trader marks his goods 40 ℅ above the cost price. he sells them at a discount of 20℅. what is his loss or gain percentage.

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