Question

If a man marks his goods 40% higher than his cost price and allows a discount of 20%. Find
his net gain.
a. 25%
b. 10%
c. 12%
d. 28%​

Answer 1

Answer:

c. 12 %

Step-by-step explanation:

Let original CP = Rs. 100

Then, the Marked Price = 40% of 100 + 100 = 140

SP = 140 - 20% of 140 = 140-28=112

%Profit =12*100/100 = 12%

Mark me brainliest :)