Question

Shirish purchased a watch at 20%
discount on its
M.P. but sold it at the M.P. find the gain% of shirish
in the transaction.
(1) 25% (2) 10% (3) 5% (4) 15%​

Answer 1

Answer:

(1) 25%

Step-by-step explanation:

MP = 100

d = 20%

CP = MP - d = 100-20 =80

SP = MP = 100

g= SP - CP = 100 - 80 = 20

g%= g × 100/CP = 20 ×100/80

hence......

gain = 25%