Question

A man buys an article for rs 80 and marksit as rs 140 then he allows a discount of 40%what is the loss or gain percent

Answer 1

Articla = 80
Rs=140
Dis%=40%
Sp= 140 ×100+80 upon 100 _40


Now solve it I'm sure u will find ans soon

Answer 2

Hi.

Good question...Keep Progressing...

Here is your answer---

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Given---

Cost price of the article(C.P.) = Rs. 80
Marked Price of the Article(M.P.) = Rs. 140
                            Discount(d%) = 40%

Selling Price of the Article = M.P. - d% of M.P.
                                          = 140 -  (40%/100) x 140
                                          = 140 - 56
                                          = Rs. 84

Since, Selling Price is greater than the Cost price, a man must have a profit.

 Profit = S.P. - C.P.
           = 84 - 80
             = Rs. 4


Now, Using the Formula,
        Profit% = (Profit/C.P.) × 100 
                     =  (4/80) × 100
                     = 5%

Thus, a man earns a profit of 5%.

Hope it helps.

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