Question

sue marks her watch 35% above the cost price and allows a discount of 20% on the marked price. Find her gain or loss per cent

Answer 1

Answer:

Let C.P. of goods =Rs.100

∴Marked price= Rs.100+35=Rs.135 (as 35% of 100 is Rs.35)

Rate of discount =20%

Discount amount=20%of 135

=20/100×135

=Rs.27

Now, selling price=M.P−Discount

=135−27

=108

Since, S.P>C.P

Profit amount =S.P−C.P

=108-100

=8

Thus, Gain percent=profitC.P×100

=8/100×100

=8%

Step-by-step explanation:

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