Question

a trader marks his goods 40% above the cost price and gives a discount of 20% on the marked price.find his gain%​

Answer 1

Answer:

He makes a gain of 12%

Step-by-step explanation:

Cost price, C

Marked price, M = 40% above cost price = 140% of C = 1.4 × C

Sale price, S = 20% on marked price = 80% of M = 0.8 × 1.4 × C = 1.12 × C

                   = 112% of C

=> Gain of 12%

Answer 2

Given:

• A trader marks his goods 40% above the cost price.
• Discount percent given on goods is 20%.

To Find:

• What is the profit Percent?

Solution: Let the cost price of goods be Rs 100

Then, Marked price = 40% above Cost Price

∴ Marked Price = Rs 140

• Discount is 20% •

$\small\implies{\sf }$ Total Discount = 20% of Marked Price

$\small\implies{\sf }$ Total Discount = 20/100 x 140

$\small\implies{\sf }$ Total Discount = 2800/100

$\small\implies{\sf }$ Total Discount = Rs 28

★ Selling Price = ( Marked Price – Discount ) ★

$\small\implies{\sf }$ S.P = ( 140 – 28 )

$\small\implies{\sf }$ S.P = Rs 112

Hence, The gain percent of trader is Rs 112.