Question

A shopkeeper mark his goods 12persent higher then its original prise then allows 12persent discount. find its profit or loss persentages？

Answer 1

let the original price be 100
finding the MP =>
[100×12/100] +100 = 112

finding the SP =>

[112×12/100] -112 = 13.44-112 =98.56

loss %= 1.44/100 ×100% =1.44%

loss% =1.44%