Question

The Marked price of radio is 30% more than its cost price if a discount of 10% is given on the Marked price find the gain percent

Answer 1

Answer:

suppose cost price is 100₹

then marked price is 130₹

discount 10%

selling price 130×90÷100=117₹

gain = 117-100= 17₹

gain% = 17×100÷100=17%

Answer 2

Answer:

Gain percentage = 17%

Step-by-step explanation:

Given data

The marked price of the Radio is 30% more than its cost price

the discount on the marked price is 10%

here we need to find the gain percentage on the radio

Let's consider that Rs.100 is the cost price of the radio

⇒ the Marked price of the Radio = 30% more than cost price

⇒ the marked price of radio = $\frac{30}{100} (100) + 100$  

                                               = 30 + 100 = 130 Rs

the discount on the marked price of radio = 10%

the discount = $\frac{10}{100} (130)$  = 13 Rs

⇒ selling price of the radio = 130 - 13 = 117 Rs  

⇒ profit on Radio = selling price - cost price  = 117 - 100 = 17 Rs

⇒ the gain percentage on Radio = $\frac{profit }{cost price} (100)$  

                                                       = $\frac{17}{100} (100)$ = 17%