Question 61

A shopkeeper marked a computer table for ₹7,200. He allows a discount of 10% on it and yet makes profit of 8%. What will be his gain percentage if he does NOT allow any discount?

Solution

Marked price of computer table = Rs.7200

Discount = 10%

Selling price = 7200 $$\times \frac{90}{100}$$ = Rs.6480

Profit = 8%

Cost price = $$\frac{6480}{108} \times 100 = Rs.6000$$

Gain percentage if he does NOT allow any discount = $$\frac{7200 - 6000}{6000} \times$$ 100 = 20%

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