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A seller increased price of a product by 30% and allows a discount of 15%. What is his net gain%?

Question

A seller increased price of a product by 30% and allows a discount of 15%. What is his net gain%?
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Solution 1

Sure, here is the step by step solution:

Step 1: Let's assume the original price of the product is $100.

Step 2: After a 30% increase, the new price would be 100+30100 + 30% of 100 = $130.

Step 3: Now, the seller allows a discount of 15% on the new price. So, the discount amount would be 15% of $130 Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI  is a powerful AI-powered study tool designed to help you to solve study problem.
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