Question

List the price of a bike is 15% more than it's cost price. It is sold at a discount of 20%. Find the dealer's loss or profit
percentage
X 1 Loss 99
X 2. Profit 9º.
X 3. Profit 8%
4 Loss 8%
​

Answer 1

Answer:

8 percent

Step-by-step explanation:

Answer

Let CP be =100

MP 20% above CP=120

After allowing Discount of 10%

SP=

100

90

×120=108

Gain =8%