Cost price of an article for a shopkeeper is Rs. 3,000. Shopkeeper marked its as Rs. 4000. He allows some discount on the marked price still gains 20%. What percent discount does he allow to the customer?
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on tha price he still gain 20% that's we can say the price of article is 3600. but they marked 4000 so. 4000-3600=400 so.13.33%
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Answer:
Discount percentage is 10%.
Step-by-step explanation:
Given : Cost price of an article for a shopkeeper is Rs. 3,000. Shopkeeper marked its as Rs. 4000. He allows some discount on the marked price still gains 20%.
To determine : What percent discount does he allow to the customer?
Solution :
CP = Rs.3000
MP of article= Rs.4000
Discount =?
Gain =20%
Finding selling price,
Discount =M.P - S.P
D=4000-3600
D=Rs.400
Discount% is
Therefore, Discount percentage is 10%.
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