If a shopkeeper wants to give 20% discount on a toy, he

If a shopkeeper wants to give 20% discount on a toy, he has to sell it for Rs. 300. If he sells it at Rs. 405, then his gain percent is

Let Marked price of toy = Rs. k
A discount of 20% is given.

∴	80k	= 300
	100

⇒ k =	300 × 100
	80

⇒ k = Rs. 375

∴ Profit percent =		405 − 375		× 100 = 8 %
		375