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A cycle dealer marks his goods 25 % above his cost price and allows a discount of 8 % on it. Find his gain percent.

Solution:
Your problem `->` A cycle dealer marks his goods 25 % above his cost price and allows a discount of 8 % on it. Find his gain percent.


Let C.P. = Rs. `100`.

Then, marked price = Rs. `(100 + 25` % of `100)` = Rs. `125`

S.P. = `92` % of `125` = Rs. `115`

Gain = S.P. - C.P. = `115 - 100 = 15`

Gain% = `15` %






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