Question

Mr gupta buys a car at 20 percent discount of the price and sells it at 20 percent higher price than original price c.p his gain percentage is​

Answer 1

12.8 % is the answer .it is gain percent

Answer 2

Answer:

The gain would be 5%

Step-by-step explanation:

Let x be the cost price of the car,

Discount percentage = 20%,

So, the price he invested in the car = x - 20% of x

= x - 0.2x

= 0.8x

The percentage he hiked the price on the original price = 20%,

Thus, the selling price of the car =x + 20% of x

= x + 0.2x

= 1.2x

Hence, the profit % = $\frac{1.2x-0.8x}{0.8x}\times 100$

$=\frac{0.4}{0.8}\times 100$

$=\frac{40}{8}$

= 5%

#Learn more :

Find gain %

https://brainly.in/question/7628900

https://brainly.in/question/1798192