Question

mobile phone was marked at 35% above the cost price and the discount of 20% was given on the Marked price find the profit or loss made by the shopkeeper​

Answer 1

Answer:

0.1475*CP or simply 14.75% gain.

Step-by-step Explanation:

Let the marked price be x.

x=1.35*CP

But due to the discount, it falls by 15%.

x=1.35*CP*0.85

x=1.1475*CP

Profit = x-CP

Profit = 1.1475*CP-CP

Profit = 0.1475*CP = 14.75%

Note: This question was of Math and not Inglis.