Question

trader marks his goods at 40% above the cost price and allows a discount of 25% what is his gain percent​

Answer 1

Answer:

15%...................................

Answer 2

Given:

Increase in C.P= 40%

Discount =25%

To Find:

Gain percent

Solution:

Let the cost price be ₹100.

Then, the marked price =₹140.

Discount=25% of MP

=25% of 140

=₹$(140 \times \dfrac {25}{100})$

=₹35.

Selling price=(MP)-(discount)

=₹(140-35)=₹105

Gain%=(105-100)%=5%

Hence, the trader gains 5%.