Question

A shopkeeper marks his goods 20% above the cost price,but allows 30% discount for cash.
What is his net loss per cent? ​

Answer 1

Answer:

The net loss% is 16%

This is the correct answer of your question.

Answer 2

Answer:

Let

CP=100

Then MP = 100+100x20/100

= 120

Now,

Discount be 30%

So,

SP= 120-120x30/100

=126-36=84

Profit = 100-84=16

Profit%= 16x100/100 = 16%

Please mark my answer as brainliest