What will be his gain percentage? If

A shopkeeper marks his goods 30 % above the cost price and offers a discount of 10%. What is his gain percentage?

  1. 13%
  2. 15%
  3. 19%
  4. 17%
Monis Rasool Professor Asked on 27th May 2015 in Maths.
Add Comment
  • 1 Answer(s)

    Answer: (d) 17%
    Explanation:-

    Let be the purchase price = Rs.100
    market price = 100 + 100 x 30/100 = 100 + 30 = Rs.130
    selling price = 90% of 130 = 130 x 90/100 = 117
    Profit = 117 – 100 = 17
    Profit% = 17 x 100/100 = 17%

    Anurag Mishra Professor Answered on 28th May 2015.
    Add Comment
  • Your Answer

    By posting your answer, you agree to the privacy policy and terms of service.