A shopkeeper marks his goods 20% above the cost price and offer 15% discount. His gain profit is?
- 5%
- 3%
- 2%
- None of these
Explanation
Let Cost Price = 100
Marked Price = 100 + 20% = 120
Discount 15% of 120 = 18, so Selling Price = 120 - 18 = 102
Gain = 102 - 100 = 2
Last verified on 12-04-2026
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