Question

an article is marked 20% above cost price . the shopkeeper allow a discount of 12% find gain or loss percent

Answer 1

let the CP be 100
so mp is 20* above CP
means 20% above 100
i.e mp= 100*20/100
so mp = 120rs
now shopkeeper allows a discount of 12%
means 100-12
120-?
120*12/100= 14.4
so he gave a discount of 14.4 rs so now he sold it for 105.6rs
so he gained the profit of 5.6 rs .....

Answer 2

Answer:

5.60rs

Step-by-step explanation:

Let's the cost price =100

andmarked price is 20above cost

means20%above 100

marked price =100×20/100=20

now shopkeeper allows a discount of 20%means =100-12=120-?

120×12/100=12×6/5=72/5=14.4

he gave a discount of 14.4rs

so now he sold it for rs120-14.4=105.60

profit=selling price -cost price

105.60-100

=5.60rs