Question

A traders marks his goods as 20% above the cost price and allow a discount of 25% . what is his gain percent .​

Answer 1

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Let CP = Rs 100

MP = Rs 120 [20% above CP]

Discount = 25%

ie = 25% of MP 

=100/25×120=RS480

SP = MP- Discount 

=(120−25)rs

=Rs95

gain % =CP/gain⇒100

=2/100×100

=2 %