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September 12th, 2019, 11:47 PM  #1 
Senior Member Joined: Aug 2014 From: India Posts: 477 Thanks: 1  How 30% gain ?
A shopkeeper sold a TV set for Rs 17,940 with a discount of 8% and gained 19.6%. If no discount is allowed, then what will be his gain per cent? A) Discount 8%; MP/SP = 100/92 Gain 19.6%; SP/CP = 119.6/100 After applying MP/CP * Discount% = SP/CP MP/CP = 119.6/92.0 = 13/10 
September 13th, 2019, 05:03 AM  #2 
Math Team Joined: Jul 2011 From: Texas Posts: 3,034 Thanks: 1621 
P = selling price W = wholesale price 0.92P = 1.196W P = (1.196/.92)W = 1.3W selling price, P, is the wholesale price, W, marked up 30% 

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