Practicing Success
A shopkeeper marked a computer table for ₹7,200. He allows a discount of 10% on it and yet makes profit of 8%. What will be his gain percentage if he does NOT allow any discount? |
20% 9% 18% 2% |
20% |
CP : MP = (100 – Discount) : (100 + Profit) (100 – 10) : (100 + 8) = 90 : 108 CP = 90 and MP = 108 Profit =108 – 90 = 18 Profit percentage = \(\frac{18}{190}\) × 100 = 20% |