A tradesman marks his goods 30% more than the cost price. If he allows a discount of 6 1/ 4 % then his gain per cent is?

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Accepted Answer

Let the C.P. be Rs. 100 Then, Marked price = Rs. 130 ⇒ S.P. = (933/4 % of Rs. 130) = Rs. (375/4 x 100 x 130) = Rs. 975/8 = Rs. 1217/8 ∴ Required gain% = 217/

A tradesman marks his goods 30% more than the cost price. If he allows a discount of 6 1/ 4 % then his gain per cent is?

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