Question

a shopkeeper marks his goods at 20% above the cost price. If he allows his customer a discount of 10%, find his profit%

Answer 1

He Would Earn 10% More Than How Much He Paid For The Goods.

Answer 2

Explanation:

Let be cost price =Rs.100

Then mark price =Rs.120

∴ Selling price =90% of 120

=

100

120×90

​

=Rs.108

Profit = Selling price− Cost price

=Rs.(108−100)=Rs.8

Profit % =

100

8×100

​

=8%