Question

A person purchased an article for Rs 80 and sold i firs Rs 120 Find his % of profit.​

Answer 1

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

∴ S.P. = 60% of Rs.120=

100

60

×Rs.120=Rs.72

∴ Loss = Rs.80 - Rs.72 = Rs.8

Loss % =

80

8

×100=10%