Question

Jasleen marks his goods at 30% above the cost price and allows a discount of 25% on the Marked price find the gain or loss percent

Answer 1

let the cp of goods jasleen purchased be 100

marked price= 100 +30% of 100

$\ = 100 + \frac{30}{100} \times 100$
=130
rate of discount =25%

selling price = marked price - discount
= 130- 25% of 130
$= 130 - \frac{25}{100} \times 130$
=130 - 65
=65
loss = c.p- s.p
=100 - 65
= 35
$loss\% = \frac{loss}{cost \: price} \times 100$

$\: \: \: \: = \frac{35}{100} \times 100 = 35\%$