Sure, here is the step by step solution:

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

Step 2: The seller marks up his goods by 30%, so the marked price becomes $130 (100 + 30% of 100).

Step 3: The seller makes a 10% profit, so the selling price is $110 (100 + 10% of 100).

Step 4: The discount given by the seller is the difference between the marked price and the selling price, which is $20 (130 - 110).

Step 5: To find the discount percentage (x), we divide the discount by the marked price and multiply by 100. So, x = (20/130) * 100 ≈ 15.38%.

So, the seller allows approximately a 15.38% discount.

Question

Sure, here is the step by step solution:

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

Step 2: The seller marks up his goods by 30%, so the marked price becomes $130 (100 + 30% of 100).

Step 3: The seller makes a 10% profit, so the selling price is $110 (100 + 10% of 100).

Step 4: The discount given by the seller is the difference between the marked price and the selling price, which is $20 (130 - 110).

Step 5: To find the discount percentage (x), we divide the discount by the marked price and multiply by 100. So, x = (20/130) * 100 ≈ 15.38%.

So, the seller allows approximately a 15.38% discount.

Knowee AI · Accepted Answer

Sure, here is the step by step solution:

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

Step 2: The seller marks up his goods by 30%, so the marked price becomes $130 (100 + 30% of 100).

Step 3: The seller makes a 10% profit, so the selling price is $110 (100 + 10% of 100).

Step 4: The discount given by the seller is the difference between the marked price and the selling price, which is $20 (130 - 110).

Step 5: To find the discount percentage (x), we divide the discount by the marked price and multiply by 100. So, x = (20/130) * 100 ≈ 15.38%.

So, the seller allows approximately a 15.38% discount.

A seller marks up his goods by 30% and allows x% of discount. If he makes 10% profit, find the value of x (appx) ?