Question

the trader marks his goods at 20% above cost price and allows 10%discount.then the gain percent is​

Answer 1

Answer:

answer is 2%

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Answer 2

Answer:

The answer will be 8%.

Check the explanation..

Step-by-step explanation:

By the given information,

Let,

The CP be x

MP be x + (20% of x)

= x + x/5

=6x/5

Discount = 10%

therefore, SP = 6x/5 - (6x/5 × 10/100)

=6x/5 - 3x/25

=27x/25

Now,

Profit= 27x/25 - x

= 2x/25

:. Profit percentage = 2x/25 ÷ x × 100

=2/25 × 100

=2 × 4

=8% (Ans.)