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Katie Brost
Q.) A tradesman is marketing his goods 20% above the cost price of the goods. He gives 10% discount on cash payment, find his gain percent:
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a) 12%
b) 8%
c) 15%
d) 10%
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1 Answers
Jack Wright
Ans.1) b) 8%
Explanation:
Let the cost price is $100, then the marked price is $120
Discount = 10%
S.P is 90% of $120 = $108
Therefore, gain = 108 - 100 = 8%