Question

The catalogued price of a watch is 800, but the retailer is allowed a trade discount of 40%. If theretailer sells the watch for 600, find his gain percent.​

Answer 1

Answer:

m. P=800

SP=800x60/100 = 480

profit %=120xloo/480=25%

Answer 2

Answer:

46.67%

Step-by-step explanation:

Price of watch=Rs800

Discount=40%

Discount=40/100×800

=480

C.P=800-480

=320

S.P=600

profit=600-320

=280

profit%=280/600×100

= 46.67%