Let's solve this step by step:

Step 1: Let's assume the cost price of the radio is $100.

Step 2: The dealer marks up the price by 15%, so the marked price becomes $115 (100 + 15% of 100).

Step 3: The dealer then allows a discount of 8% on the marked price. So, the selling price becomes $105.8 (115 - 8% of 115).

Step 4: The gain is the difference between the selling price and the cost price, which is $5.8 (105.8 - 100).

Step 5: The gain percentage is the gain divided by the cost price, multiplied by 100. So, the gain percentage is 5.8% (5.8/100 * 100).

So, the correct answer is 5.8%.

Question

Let's solve this step by step:

Step 1: Let's assume the cost price of the radio is $100.

Step 2: The dealer marks up the price by 15%, so the marked price becomes $115 (100 + 15% of 100).

Step 3: The dealer then allows a discount of 8% on the marked price. So, the selling price becomes $105.8 (115 - 8% of 115).

Step 4: The gain is the difference between the selling price and the cost price, which is $5.8 (105.8 - 100).

Step 5: The gain percentage is the gain divided by the cost price, multiplied by 100. So, the gain percentage is 5.8% (5.8/100 * 100).

So, the correct answer is 5.8%.

Knowee AI · Accepted Answer

Let's solve this step by step:

Step 1: Let's assume the cost price of the radio is $100.

Step 2: The dealer marks up the price by 15%, so the marked price becomes $115 (100 + 15% of 100).

Step 3: The dealer then allows a discount of 8% on the marked price. So, the selling price becomes $105.8 (115 - 8% of 115).

Step 4: The gain is the difference between the selling price and the cost price, which is $5.8 (105.8 - 100).

Step 5: The gain percentage is the gain divided by the cost price, multiplied by 100. So, the gain percentage is 5.8% (5.8/100 * 100).

So, the correct answer is 5.8%.

A radio dealer marks a radio with a price which is 15% more than the cost price and allows a discount of 8% on it . Find gain %Choose the best optionClear Response6%1.0%8.6%5.8%