ii) A seller marked the price of his goods at 20% above the cost
price. If he gives a discount of 7%, then determine his gain
percent.
Answers
Answered by
0
Step-by-step explanation:
Let be cost price =Rs.100
Then mark price =Rs.120
∴ Selling price =90% of 120
=
100
120×90
=Rs.108
Profit = Selling price− Cost price
=Rs.(108−100)=Rs.8
Profit % =
100
8×100
=8%
Similar questions