an article is marked 20% above cost price . the shopkeeper has offered a discount of 12% on it , find the gain or loss percent
Answers
Answered by
2
There is gain
Let cp be 100%
Then sp =120%
Discount =12%
New sp =120-112
=108%
Gain =108-100
=8%
Let cp be 100%
Then sp =120%
Discount =12%
New sp =120-112
=108%
Gain =108-100
=8%
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Answered by
0
Correct Answer:
37.5%
Description for Correct answer:
C.P. : M.P
(100 - discount%) : (100 + profit%)
⇒ 88 : 121
8 : 11
If there is no discount given,
then
M.P. - S.P
So
Profit%−11−88×100
=38×100=37.5%
37.5%
Description for Correct answer:
C.P. : M.P
(100 - discount%) : (100 + profit%)
⇒ 88 : 121
8 : 11
If there is no discount given,
then
M.P. - S.P
So
Profit%−11−88×100
=38×100=37.5%
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