Question

Rohit marks his goods at 40% above the CP but allows a discount of 5% on the MP find her gain or loss percent​

Answer 1

Answer:

C.P is 100

He marked 40% so

Mark price is 140

Given earns profit of 12% after discount

The price he sold after discount is

SP =112

Discount =140-112=28

Discount percent= (28*100/140)=20%

Hence discount percent is 20%