Question

A trader marks his goods 25% above the cost price.He then sells them at a discount of 25%. If the cost price is ₹500, then find the loss or gain percentage.

Answer 1

Answer:

468.75

Step-by-step explanation:

25/100*500

=125

so,

SP=125+500

S.P=625

Therefore

Discount=25%of S.P

= 25/100*625

=156.25

therefore final S.P= 625-156.25

=468.25

Loss=CP-SP

therefore Loss =500-468.25

loss=31.25

Hence, Shopkeeper get a loss of 31.25

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