Question

A trader marks his goods 40%above the cost price.He sells them at a discount of 5%.what is his loss or gain percentage?

Answer 1

let CP be ₹100
then MP be₹(100+40%of 100)
=₹(100+40)
₹140
SP=(100-d%/100)×MP
= ( 100-5/100)×140
=₹95/100×140
=₹133
profit= sp―cp
= 133―100
=₹33
p%=(33/100×100)%
=33%