Question

An article is marked at 40% above the cost price and sold at a discount of 20% . What is gain percent.

Answer 1

Here is your answer. Check the picture ,I have even included the formula to find answers to such questions

Answer 2

Answer:

let cp= 100,sp=140

but there is 20% discount

so,the discount is on sp

so the sp =140 - 20% of 140 =112

The profit can be calculated on cp

Step-by-step explanation:

so here cp = 100 sp =112

Gain= 112 - 100 =12

percentage of Gain = 12÷100×100 =12%(and)