Every year before the festive season a shopkeeper

Asked by admin @ 29/08/2021 in Business Studies viewed by 279 People

Every year before the festive season, a shopkeeper increases the product by 35% and then introduce two successive discount of 10% and 15% respectively. what is percentage loss and percentage gain?

Answered by admin @ 29/08/2021

Let cp= 100,
35 % increase in sp=135
10 % discount in 135((135*10)/100)=13.5
so 1st sp=(135-13.5)=121.5, again 15 % discount in 1st sp((121.5*15)/100)=18.225
2nd sp=(121.5-18.225)=103.275, so finally cp=100,sp=103.275 ,gain by 3.27%

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