A trader marks the price of a good 50% more than their cost price allows a discount of 40%. What is his gain or loss per cent?pls explain
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Answer:
Step-by-step explanation:
Let the CP be Rs 100.
So MP = 100 x 150% = 150.
Discount = 25% .
So SP = 150 x 75 % = 112.50.
So Gain = 112.50 - 100 = 12.50.
Gain % = (Gain x 100)/CP
= 12.50 x 100 /100 = 12.50%.
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Answer:
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