Question

by allowing a discount of 10% on a coller,a shopkeeper gains 20%profit.lf he gives a discount of 20%,what will be he gain percent ?​

Answer 1

Answer:

Step-by-step explanation:

Lets assume the coller price = 100

Discounted price = 100 * (1-10%) = 90

Cost Price = 90 * (1-20%) = 72

If discount = 20%

Discounted price = 100 * (1-20%) = 80

Cost Price = 72

Profit = 80 - 72 = 8

Profit % = 8/72 = 1/9 = 11.11%