Question

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

Answer 1

Let, CP of goods be Rs.100

Marked Price = 100 + (30% of 100) = Rs.130

Discount % = 25%

Discount = 25% of 130 = Rs.32.50

SP = Rs.(130- 32.5)= Rs.97.50

Since, CP> SP

Loss = (CP-SP)=Rs.(100 -97.50) = Rs.2.50

Loss % = Loss/CP * 100 = 2.50/100 * 100 =2.5%