A tradesman marks his goods 30% more than the cost price, if he allows a discount of 20% on the marked price,then his gain percent is ?->(Show Answer!)

1. A tradesman marks his goods 30% more than the cost price, if he allows a discount of 20% on the marked price,then his gain percent is

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By: anil on 05 May 2019 02.25 am

Let cost price = Rs. 100 => Marked price = $$100+(frac{30}{100} imes100)$$ = $$100+30=Rs.$$ $$130$$ Discount % = 20% => Selling price = $$130-(frac{20}{100} imes130)$$ = $$130-26=Rs.$$ $$104$$ $$ herefore$$ Profit % = $$frac{(104-100)}{100} imes100=4\%$$ => Ans - (D)

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