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