A retailer marked the price of a shirt at 16℅ more than the cost price.He then gave a discount of 12℅ on the marked price.Find the loss/gain℅
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Step-by-step explanation:
16% plus cost price is 116 %.
discount is 12 percentage.
So new price is 88% of 116%. which is 102.08%.
so profit is 2.08 percentage on cost price.
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