A person prints the price of his article to 30% more
than its cost price and gives 30% discount to its
printed price. His profit/loss percentage is
(1) Loss 6%
(2) No any profit/loss
)
(3) Profit 9%
9
)
(4) Loss 9%
Answers
Answered by
0
Answer:
no any profit/ loss (2)
Step-by-step explanation:
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Answered by
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Given: MP (marked price) is 30% more than CP
SP is 30% discounted on MP
To find: Profit/loss percentage
Solution: Let the CP of the article be x.
When the article is marked 30% more than CP, MP = (1 + 30/100)x
= 130x/100
Now after 30% discount on MP, SP turns out to be
= (1 - 30/100) × 130x/100
= 70/100 × 130x/100
= 91x/100
Since SP<CP, there is loss.
∴ Loss = x - 91x/100
= 9x/100
Hence, loss percentage = (9x/100)/x × 100%
= 9%
Answer: Option (4) Loss 9%
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