Question

The shopkeeper marks his goods at 25% above the cp and allows a discount of 30% what is his gain or loss per cent

Answer 1

Answer:

mp=25%CP +CP

LET CP=100

mp =25%100+100

mp=125

sp=(1-r/100)mp

sp=(1-12/100)125

sp=(88/100)125

sp=110

gain=sp - cp

gain=110-100

gain=10

g%=gain/CP*100

g%=10/100*100

g%=10%

Step-by-step explanation: