Question

The real cost of an article is 56% of the price at which it is marked for sale. It is, however, sold at a trade discount of 1213
How much is the seller's gain percent?​

Answer 1

Step-by-step explanation:

given,

CP=56% of MP

MP= x

SP= x -1213

Since,

CP=56% of MP

CP=56% of x

Therefore,

SP=x-1213

CP+Profit=x-1213

56%of x+ Profit =x-1213

Profit+1213=x - 56 of x

Profit +1213=44%of x

Answer 2

Answer:

the seller's gain % is  = 57.14 %

Step-by-step explanation:

given that, the cost price is 56% of the marked price which is on sale. and the discount is 12%

so, let the marked price of the item is = Rs. 100

then, CP (cost price ) = Rs. 56

applying a discount on the item the sales price would be,

SP = MP - DISCOUNT%

SP = 100 - 12

SP = Rs. 88

now , the gain % = gain/ cp × 100

gain% = sp - cp / cp × 100

gain% =  32/56 × 100

gain% = 57.14%

therefore the gain% is 57.14%.

ORIGINAL QUESTION:

the real cost of an article is 56% of the price at which it is marked for sale. it is, however, sold at a trade discount of 12% how much is the seller's gain %?

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