Question

7. A cellphone was marked at 40% above the cost price and a discount of 30% was given on its
marked price. Find the gain or loss per cent made by the shopkeeper.
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Answer 1

Answer:

let the CP be Rs.100

MP=100+40(40%)

MP=140

discount=30/100*140

D=42

SP=140-42

=RS.98

loss=2

LOss%=2/100*100

loss%=2%

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