UPSC
Government Jobs Exams
Numerical Ability
Probability
A dealer sells his goods 30% above the cost price but allows a discount of 15% for cash payment .Find the gain percent.
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- if 100 is cost price the selling price will be 130. but 15% of 130 is 19.5 is discount. so the gain percent will 110.5.
- 10 years agoHelpfull: Yes(0) No(0)
- Let the Cost Price be ₹100.Then,the price that has been set is ₹130 (₹30 above C.P).Now,a discount of 15% has been given on this new selling price.Discount given = ₹ (15/100 * 130) = ₹ 19.5
So the ultimate selling price is ₹(130 - 19.5) = ₹ 110.5
Gain % = {(S.P - C.P/C.P) * 100}% = {(10.5/100) * 100}% = 10.5% - 9 years agoHelpfull: Yes(0) No(0)
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