a trader marks his goods at 35% above the cost price and all always allows a discount of 20% on the Marked price find his gain or loss percent
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Answered by
2
Answer:
let, the cp=100
mp=100+35%of 100
=100+35/100×100
=135
discount =20%of135
=27
sp = mp+ discount
=135+27
=162
gain =162 - 100 =62
gain % =(62/100×100)%
=62%
Answered by
0
Answer:
His gain percentage is 62%.
Step-by-step explanation:
Let, the cost price of goods = Rs 100
marked price = 100+ (35% of 100 )
= 100+ (35/100 * 100 )
= 135
According to the question all always allows a discount of 20% on the Marked price discount = 20% of 135 = 27
we know that, selling price = marked price + discount
So, sp = mp + discount
= 135+27
= 162
Selling price is Rs 162
Total gain = selling price - cost price
Total gain = 162 - 100 = 62
gain percentage = (62/100 * 100)%
= 62 %
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