Question

A discount of 10% is given to a chain marked at Rs. 600. If the actual worth of the chain is Rs. 540, what will be the
profit/loss occurred if it was sold at the marked price?
4% loss

6% loss
6% gain
Neither profit nor loss​

Answer 1

Answer:

what is this bro which is this chapter i am not knowing g

Answer 2

Concept Introduction:

Profit or loss of a product is always on actual worth and discount is on marked price.

Given: A discount of $10$% is given to a chain marked at Rs.$600$. If the actual worth of the chain is Rs.$540$,

To Find:

We have to find the value of, loss or profit %.

Solution:

According to the problem,

On the giving discount the price of chain will be =$\frac{90}{100} *600=540$

And actual worth of chain is also $540$ Rs.

Therefore after discount there is neither gain nor loss.

Final Answer:

The value of profit or loss is neither profit nor loss​.

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