Question

A trader narket his goods 20% above the C.P also allowas a discount of 10% on the goods Find his gain percent

​

Answer 1

Answer:

8%

Step-by-step explanation:

Correct Question:

A dealer lists his goods 20% above the cost price but allows a discount of 10%. What is his gain percent?

Solution:

To Find:

Gain Percent  (%)

--------------------

Method:

Let CP=100

MP=120

Discount =10% I.e. 10%of MP =10% of 120 = 12

SP = MP - Discount = 108

$\textbf\ Gain\% = \dfrac{Gain}{CP} \times\ 100\% = 8\%$