a trader marks his goods 30% above the cost price he sells them at the rate 15% discount what is the loss and get percentage
Answers
Answer:
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.
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.
Read more on Brainly.in - https://brainly.in/question/11629255#readmore
Step-by-step explanation:
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.
Hence, his gain percentage is 10.5%.
Read more on Brainly.in - https://brainly.in/question/11629255#readmore