A shopkeeper marks his article at 20%above the cost price and allow a discount of 20%but use 800gm instead of 1kg find the over all loss or profit %
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16% 16% 16% 16% 16% 16% 16% 16%
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Answer:
profit 20%
Step-by-step explanation:
let take cost price of 1 kg=100 Rs
marked price =120/100 *100 =120
discount = 20/100 *120 =Rs 24
selling price of 800 gm article=Rs 96
cost price of 800 gm article=Rs 80
profit=16/80 *100=20%
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