A tradesman is marketing his goods 20% above the cost price of the goods. He gives 10% discount on cash payment, find his gain percent.
Choose the correct option
A) 12%
B) 8%
C) 15%
D) 18%
E) None of these
Let the C.P. of the goods be 100   ⇒ Marked price of the goods = 120   Discount = 10% ⇒ S.P. is 90% of 120 = 108   ∴ Gain = (108 – 100) i.e. 8%.   Answer 8%
<result>B</result>
A tradesman is marketing his goods 20% above the cost price of the goods. He gives 10% discount on cash payment, find his gain percent.