A SHOP KEEPER MARKS HIS GOODS AT 25% ABOVE THE COST PRICE AND GIVES 15% DISCOUNT.FIND HIS GAIN OR LOSS PERCENTAGE.
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A SHOP KEEPER MARKS HIS GOODS AT 25% ABOVE THE COST PRICE AND GIVES 15% DISCOUNT.FIND HIS GAIN OR LOSS PERCENTAGE.
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Then Marked Price is 100*125/100
= 125
Discount of 15%
So, Selling price = 125 - 125*15/100
= 125- 18.75
= 107.25
So there is gain.
Now, Finding gain percentage
7.25/100*100= 7.25%
Hence, your answer is 7.25% gain
Answer:
Gain 7.25 %
Step-by-step explanation:
Let the Cost Price-100
Then Marked Price of goods - 100+ 25% of 100
= 125
then he give Discount of 15% on goods
So, Selling price = 125 - 15% of 125
= 125 - 18.75
= 107.25
So there is gain.
Now, Finding gain percentage by subtracting cost price form selling price
107.25 - 100 = 7.25
Hence, your answer is 7.25 % gain