A washing machine is marked 40% above the cost price and the shopkeeper allows a discount of 12% on it . Find the gain or loss percent
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Let original CP = Rs. 100.
Then, the Marked Price = 40% of 100 + 100 = 140.
SP = 140 - 25% of 140 = 105.
%Profit = (5*100)/100 = 5%.
Net Graphic Change Method:
100 == 40% UP ==> 140 == 25% discount ==> 105. So, % Profit = 5%.
Then, the Marked Price = 40% of 100 + 100 = 140.
SP = 140 - 25% of 140 = 105.
%Profit = (5*100)/100 = 5%.
Net Graphic Change Method:
100 == 40% UP ==> 140 == 25% discount ==> 105. So, % Profit = 5%.
ShashTheYoungStine:
your answer is wrong as there's also a discount allowed on it
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