A shopkeeper marks his goods 20% above the cost price and allows a dis

1.	A shopkeeper marks his goods 20% above the cost price and allows a discount of 10% on them. What percent does he gain?
Answer» Let the cost price be ₹ 100. Then the marked price = 100 + 20 = ₹ 120 Discount = 10%, so discount = x 120 = 12% SP = Marked price – Discount = ₹ 120 – ₹ 12 = ₹ 108 Gain = 8/100 × 100 = 8% The shopkeeper gains 8% after discount.

A shopkeeper marks his goods 20% above the cost price and allows a discount of 10% on them. What percent does he gain?

Answer»

Let the cost price be ₹ 100.

Then the marked price = 100 + 20 = ₹ 120

Discount = 10%, so discount = x 120 = 12%

SP = Marked price – Discount = ₹ 120 – ₹ 12 = ₹ 108

Gain = 8/100 × 100 = 8%

The shopkeeper gains 8% after discount.