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A trader marked his goods at 30% above the cost price. If he allows his customer 20% discount the percent of his profit is _____?
  1. 2%
  2. 4%
  3. 6%
  4. None of these
Explanation

Let CP = 100

MP = 100 + 30% of 100 = 130

Discount = 20% of 130 = 26

SP = 130 - 26 = 104

Profit = 104 - 100 = 4

Profit% = 4%


Last verified on 13-03-2026

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