What will be the Gain Percentage of Trader? If

A trader marks his items by increasing the price by 25%. If he gives 4% discount on the marked price, what will be his gain percentage?

  1. 20%
  2. 25%
  3. 10%
  4. 15%
Monis Rasool Professor Asked on 15th September 2015 in Maths.
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  • 1 Answer(s)

    Answer: (1) 20%

    Explanation:-
    Let the cost price of an item = Rs. 100
    A trader marks his items by increasing the price by 25%.
    Then, the mark price of an item = 100 + 100 x 25/100 = 125

    He gives 4% discount,
    Then, the selling price of the item = 125 – 125 x 4/100
    = 125 – 5
    = 120

    Then, the profit = 125 – 100 = 20%

    Hence, the answer is (1) 20%.

    Anurag Mishra Professor Answered on 15th September 2015.
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