Question
A shopkeeper marks his goods 20% above his cost price and gives 15% discount on the marked price. His gain percent is
Answer: Option B
Answer: (b)If the C.P. of goods be Rs.100, thenMarked price = Rs.120S.P. = ${120 × 85}/100$ = Rs.102Hence, Profit per cent = 2% Using Rule 8,A tradesman marks his goods r% above his cost price. If he allows his customers a discount of $r_1$% on the marked price. Then is profit or loss per cent is${r × (100 - r_1)}/100 - r_1$(Positive sign signifies profit and negative sign signifies loss).
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Answer: (b)If the C.P. of goods be Rs.100, thenMarked price = Rs.120S.P. = ${120 × 85}/100$ = Rs.102Hence, Profit per cent = 2% Using Rule 8,A tradesman marks his goods r% above his cost price. If he allows his customers a discount of $r_1$% on the marked price. Then is profit or loss per cent is${r × (100 - r_1)}/100 - r_1$(Positive sign signifies profit and negative sign signifies loss).
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