a trader marks his goods 20% above the cp.He then sells them at a discount of 20%.If the cp is ₹550,what is gain or loss
Answers
Answered by
2
CP = Rs. 550
MP = (100+20)% of CP = 120% of 550 = Rs. 660
DISCOUNT=20% of MP = 20% of 660 = Rs. 132
SP = MP - DISCOUNT = Rs. (660-132) = Rs. 528
LOSS = CP - SP = Rs. (550-528) = Rs. 22
Answer. Loss is Rs. 22
MP = (100+20)% of CP = 120% of 550 = Rs. 660
DISCOUNT=20% of MP = 20% of 660 = Rs. 132
SP = MP - DISCOUNT = Rs. (660-132) = Rs. 528
LOSS = CP - SP = Rs. (550-528) = Rs. 22
Answer. Loss is Rs. 22
Similar questions