A dealer lists his goods at 20% above cost price and allows a discount of 10%. His gain per cent is

Question

Philoid · Accepted Answer

Let CP will be Rs.100

Marked Price = Rs.120

10% Discount on Marked Price = 10% of Rs.120

= Rs.12

So, SP = 120 -12

= Rs.108

Gain = SP – CP

= 108 – 100

= Rs.8

= (8 × 100) / 100

= 8%