Question

A trader marks his goods 40% above cost price and allows a discount of 25%, what gain per cent does he make?

Answer 1

Given

• MP % = 40 %
• Discount % = 25 %

To find

• Gain %

Solution

• Let the cost price of his good be  ₹100
• Then, it's marked price = ₹140 (40 % above CP)
• Discount = 25% of MP = ²⁵⁄₁₀₀ × 140 = ₹35

∴ Selling Price = MP - Discount = ₹140 - ₹35 = ₹105

∴ Gain = Selling price - Cost price = ₹105 - ₹100 = ₹5

∴ On a cost price of ₹100, trader gets a gain of ₹5

• Gain % = 5 %

→ Hence, the trader gains a 5% gain

Learn more

→ https://brainly.in/question/34492561

→ the marked price of a ceiling fan is 1750 and the shopkeeper allows a discount of 6% on it, find it's selling price?

Answer 2

Let the cost price of his good be  ₹100

Then, it's marked price = ₹140 (40 % above CP)

Discount = 25% of MP = ²⁵⁄₁₀₀ × 140 = ₹35

∴ Selling Price = MP - Discount = ₹140 - ₹35 = ₹105

∴ Gain = Selling price - Cost price = ₹105 - ₹100 = ₹5

∴ On a cost price of ₹100, trader gets a gain of ₹5

Gain % = 5 %

→ Hence, the trader gains a 5% gain