A publisher marks his books 32 % above the cost price and the shopkeeper allows a discount of 25 % on it. Find his loss percent.
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Let
Cost Price =100
Mark price of the book =100+32=132
At the Time of sell the shopkeeper gives 25% off
Off price is 132×(25/100)=33
sell price = 132-33=99
Loss =100-99=1
percent of loss 1/100×100=1
So 1% loss on it.
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