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28 August, 17:46

A shopkeeper marks his goods at 30 percent

above the cost price and then gives a discount

of 10 percent. Find his gain percent.

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Answers (1)
  1. 28 August, 19:27
    0
    Step-by-step explanation:

    Let the cost price be = $ 100

    Increased price = 100 * 30/100 = $30

    Market price = 100 + 30 = $130

    Discount amount = 10% of 130 = 10/100 * 130 = $ 13

    Price after discount = 130 - 13 = $ 117

    Gain = 117 - 100 = 17

    Gain = 17%
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