dealer marks his goods at 35% above the cost price and allows a discount of 20% on the Marked price find his gain or loss percent
Answers
Answered by
44
Let assume
Cp=100
Then mrp=135 (35% of 100=35 )
Now he allows the discount of 20%
20% of 135
=27
Then sp=135-27=108
Sp>cp==> profit
Profit=108-100=8
Profit%=profit /cp x100
=8/100 x 100 =8%
Direct
Cp=100
Sp=
Profit =8
Profit %=8%
Cp=100
Then mrp=135 (35% of 100=35 )
Now he allows the discount of 20%
20% of 135
=27
Then sp=135-27=108
Sp>cp==> profit
Profit=108-100=8
Profit%=profit /cp x100
=8/100 x 100 =8%
Direct
Cp=100
Sp=
Profit =8
Profit %=8%
Answered by
33
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