Question

A trader marks his goods at 20% more than his cost price. He then gives a discount on face value that gives him a profit of 8%. What is the discount rate offered?​

Answer 1

Answer:

10℅

Step-by-step explanation:

let

the total c. p. be 100 units

so,

marked price = 120 units i.e. 20℅ more than c. p.

now,

profit = 8℅ i.e. 8 units

so

s. p. = 100+8 = 108 units

so clearly discount = MRP - s. p.

=> discount = 120-108 = 12 units

i.e. discount ℅ Or discount rate = discount×100/MRP =>

=> discount rate = 12×100/120 = 10℅ (answer)

Answer 2

Answer:

10%

Step-by-step explanation:

10%

is the answer

sbhsn

jjshsn

shhsns

hshsjsj

shhs