A trader marks his goods at 30% above cost price and allows a discount of 10%. What is his gain per cent?

Question

Philoid · Accepted Answer

Let CP will be Rs.100

Marked Price = Rs.130

10% Discount on Marked Price = 10% of Rs.130

= Rs.13

So, SP = 130 -13

= Rs.117

Gain = SP – CP

= 117 – 100

= Rs.17

= (17 × 100) / 100

= 17%