Question

Sunder marks his goods at 40% above the cost
Price and allows a discount of 25%.
What is his gain percent?​

Answer 1

It is much easier to assume a starting value of Rs 100 as the cost price. Calculation of percentage becomes easy.

The marked price = 40% above CP = 140

With a discount of 25%, the selling price = 140x75/100 = 105

Hence his gain percent is 105 - 100 = 5%

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