Question 52

A shopkeeper marks his goods at 40% more than their cost price and allows a discount of 25% on the marked price. His gain or loss percent is:

Solution

Let the cost price of the article =100Rs.

Now, as per the question, marked price of the goods $$=140$$

Now, price of the article after 25% discount $$\dfrac{140\times 75}{100}=3\times35=105$$

Hence $$ gain \% =\dfrac{SP-CP}{CP} =\dfrac{(105-100)\times 100}{100}=5\%$$

Share on Whatsapp Share on Whatsapp

Create a FREE account and get: