A trader marks his goods 20% above the cost price. He offers a discount of 8% on the marked price to his customers. Find his profit percentage.
A trader marks his goods 20% above the cost price. He offers a discount of 8% on the marked price to his customers. Find his profit percentage.
एक व्यापारी अपने माल पर लागत मूल्य से 20% अधिक मूल्य अंकित करता है। वह अपने ग्राहकों को अंकित मूल्य पर 8% की छूट देता है। उसका लाभ प्रतिशत ज्ञात कीजिए |
Detailed Solution & Logic
Correct Answer:
10.4%
Let cost price (CP) = ₹100
Marked price (MP) = $100 + 20% = 120$
After 8% discount:
Selling price (SP) = $120 \times 0.92 = 110.4$
Profit = $110.4 - 100 = 10.4$
Profit % = $10.4%$
Final Answer: 10.4%
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