document.write( "Question 1133396: A dealer marks his goods 20% above cost,but allows 5% discount to the customer. If he sells an article for ₹228, what does he gain on it? \n" ); document.write( "
Algebra.Com's Answer #750609 by MathTherapy(10552)\"\" \"About 
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\n" ); document.write( "A dealer marks his goods 20% above cost,but allows 5% discount to the customer. If he sells an article for ₹228, what does he gain on it?
\n" ); document.write( "
Let cost be C		
\n" ); document.write( "Then selling price after markup, or before discount is 1.2C
\n" ); document.write( "Selling price after discount: 1.2C * .95 = 1.14C
\n" ); document.write( "With FINAL selling price given as ₹228, we can say that: 1.14C = 228
\n" ); document.write( "C, or cost of goods = \"matrix%281%2C3%2C+228%2F1.14%2C+%22=%22%2C+200%29\"
\n" ); document.write( "As cost is ₹200 and FINAL selling price is ₹228, gain on sale of goods = \"highlight_green%28matrix%281%2C3%2C+228+-+200%2C+%22=%22%2C+28%29%29\" (₹28). \n" ); document.write( "
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