Question

ou
- A dealer marked his goods 20% above the cost
price and allows a discount of 10%. Then the gain
percent is:

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Answer 1

gain is 8%, so 8% is the ans

Answer 2

Hey mate here is your answer.....

Gain profit = 8%

Step-by-step explanation:

Given : A shopkeeper marks his goods 20% higher above the cost price and also gives a discount of 10%.

To find : His gain percent?

Solution :

Let the cost price be Rs. 100

A shopkeeper marks his goods 20% higher above the cost price

Then the market price is

M.P=100+100×20/100

M. P=100+20

M.P=120

Now, discount of 10%.

So, Selling price is

S.P=120-120×10/100

= 120-12

= 108

selling price is 108 rs

Now, Profit = Selling price - cost price

Profit = 108-100

Profit = Rs. 8

Profit in percentage...

8×100/100

8%

the profit percentage is 8 percentage.

Hope it will help you......