A shopkeeper marks his goods 20% above cost price and allows a discoun – InterviewSolution

1.

A shopkeeper marks his goods 20% above cost price and allows a discount of 15% what percent does hegain or loss?7,

Answer»

Let CP=100

MP=120

Discount =10% I.e. 10%of MP =10% of 120 =12

SP = MP - Discount = 108

Gain % = (gain/CP)*100% = 8%

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