Shopkeeper purchases the goods of rs 2000 at 20% discount. if he sold at rs 600 less than its marked price. find its profit or loss percentage.

The profit percentage is 5% .

Step-by-step explanation:

Given:

Shopkeeper purchases the goods of Rs 2000 at 20% discount. he sold at Rs 600 less than its marked price.

Now, to find the profit or loss percentage, we need to get the marked price first.

Let the marked price be .

According to question:

Marked price - 20% of marked price = 2000

Dividing both sides by 0.80 we get:

So, the marked price = Rs 2500.

Now, for getting the profit percentage we need to calculate the profit price and then get the percentage.

Profit = price in which goods purchased - price in which it is sold

As it is given that shopkeeper sold at Rs 600 less than its marked price.

Profit = 2000 - (2500-600)

Profit = 2000 - 1900

Profit = Rs 100

Now, for the profit percentage:

Profit percentage =

                            =  

                            =  

                            =  

Profit percentage = 5%

Therefore, the profit percentage is 5% .