The marked price of a radio is 20% more than its cost price. If a disc

1.	The marked price of a radio is 20% more than its cost price. If a discount of 10% is given on the marked price, the gain percentage is
Answer» Let CP = 100.Then, MP = 100 + 20% of 100 = 120.Now, SP = 120 - 10% of 120 = 108.Gain = 108 - 100 = 8%Gain = (8 *100)/100 = 8%. Short-cut100(CP)==20%(up)==>120(MP)==10%(disc.)==>108.% gain = 8%. thank you.

The marked price of a radio is 20% more than its cost price. If a discount of 10% is given on the marked price, the gain percentage is

Answer»

Let CP = 100.Then, MP = 100 + 20% of 100 = 120.Now, SP = 120 - 10% of 120 = 108.Gain = 108 - 100 = 8%Gain = (8 *100)/100 = 8%.

Short-cut100(CP)==20%(up)==>120(MP)==10%(disc.)==>108.% gain = 8%.

thank you.