Question

A man buys an article for ₹80 and marks it as ₹120. He then allows a discount of 40%. What is the loss or gain percent

Answer 1

Given that , CP of article = ₹ 80 and marked price = ₹ 120

Discount = 20 × (40/100) = Rs 48

SP = 120 - 48 = Rs 72

Loss = 80 - 72 = Rs 8

Loss% = (8/80) × 100 = 10%

here's your answer

Answer 2

C.P. = Rs.80, M.P.= Rs. 120, Discount = 40%

S.P. = 60% of Rs.120= 60 ×Rs.120=Rs.72

100

∴ Loss = Rs.80 - Rs.72 = Rs.8

Loss % = 8 ×100=10%

80

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