Question

An article is marked 20% above cost price.The shopkeeper allows discount of 12% on it.
Find his gain or loss percent.
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Answer 1

Step-by-step explanation:

Step-by-step explanation:

Let x represents the cost price of the article.

Since the article is marked 20% above its cost price, so the marked price of the article is

Again, since the shopkeeper allows  discount of 12% on the marked price, so the selling price of the article is

Since so C.P. < S.P.. That is, there is a profit of

Therefore, the profit percentage is

Thus, there is a profit of 5.6%.

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Question : Find the gain of loss percentage.(a) CP=200,sp=270

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