A shopkeeper marks his goods 40% above the cost price and offers a discount of 20% on the marked price. What is his gain percent?


A

12%


B

17%


C

9%


D

15%


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Question: A shopkeeper marks his goods 40% above the cost price and offers a discount of 20% on the marked price. What is his gain percent?

Solution:
Let,
the cost price (CP) be Tk. 100

Marked Price = 40% more than cost price
= 100 + 40
= 140 Tk.

Discount = 20% of 140
= (20/100) ​× 140
= 28 Tk.

Selling Price (SP)= 140 - 28 = 112 Tk.

∴ Profit = SP - CP = 112 - 100 = 12 Tk.

∴ Gain percent = 12%

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Updated: 1 day ago

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