By selling an umbrella for Rs.300, a shopkeeper gains 20%. During sale, the shopkeeper allows a discount of 10% on marked price. His gain percentage during the sale is?
Answers
Answered by
6
Given:-
- Marked price of umbrella = Rs.300
- Profit percentage of shopkeeper = 20%
- On marked price, discount provided during sale = 10%
To find:-
- Gain percentage during the sale = ?
Solution :-
➸ Given, profit percentage is 20%.
∴ Cost price of umbrella:
= Rs. 300 × 100/(100+20%)
= Rs. 300 × 100(120)
= Rs. 250
ㅤ
➸ Selling price of umbrella during the discount of 10% :
S.P. = 90% of marked price.
S.P. = 300 × 90/100
S.P. = Rs.270
ㅤ
➸ Gain percentage during sale:
Answered by
6
- By selling an umbrella for Rs.300, a shopkeeper gains 20%. During sale, the shopkeeper allows a discount of 10% on marked price. His gain percentage during the sale is?
- selling an umbrella for Rs.300
- Shopkeeper gain 20%
- shopkeeper allows a discount of 10% on marked price.
- His gain percentage during the sale is ?
→ Cost price of umbrella = ( 300×100/120) =
→ Cost of umbrella = 3000/120 = ₹ 250
- Marked price of umbrella = 300 ₹
- Discount = 10%
★ Selling price of umbrella during sell 90% × 300 = 270 ₹
→ Gain % during sale season =
→ Gain % during sale season = (20/250)×100
→ Gain % during sale season = 8%
- Gain percent during sale season = 8%
Similar questions