A cell phone was marked at $40$ above the cost price and a discount of $30$ % was given on its marked price. Find the gain or loss percent by the shopkeeper.

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Solution

Let $C P = x$
$S P = 1.4 x$
SP after DIscount $= 1.4 x \times 0.7 = 0.98 x$
loss $= 0.02 x$
Loss $% = \frac{0.02 x}{x} \times 100 % = 2 %$

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A shopkeeper marks his goods at 30 percent above the cost price and then gives a discount of 10 percent. Find his gain percent.

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A cell phone was marked at 40 above the cost price and a discount of 30% was given on its marked price. Find the gain or loss percent by the shopkeeper.

Let CP=xSP=1.4xSP after DIscount=1.4x×0.7=0.98xloss=0.02xLoss%=0.02xx×100%=2%

A cell phone was marked at $40$ above the cost price and a discount of $30$ % was given on its marked price. Find the gain or loss percent by the shopkeeper.

Let $C P = x$
$S P = 1.4 x$
SP after DIscount $= 1.4 x \times 0.7 = 0.98 x$
loss $= 0.02 x$
Loss $% = \frac{0.02 x}{x} \times 100 % = 2 %$