a washing machine was marked 40% above cost price and discount of 35% was given on its marked price find his gain or loss percent
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Answered by
7
HEY DEAR ...
Let the cost price of article be X
Now, the marked price will be = X + 40X/100 = 1.4X
After discount of 35% on marked price = 1.4X - 35(1.4X)/100 = 1.4X - 0.49X = 0.91X
So, shopkeeper sold article at loss of X - 0.91X = 0.9x
i.e. 9%
So, shopkeeper sold article at loss of 9%.
HOPE , IT HELPS ...
Let the cost price of article be X
Now, the marked price will be = X + 40X/100 = 1.4X
After discount of 35% on marked price = 1.4X - 35(1.4X)/100 = 1.4X - 0.49X = 0.91X
So, shopkeeper sold article at loss of X - 0.91X = 0.9x
i.e. 9%
So, shopkeeper sold article at loss of 9%.
HOPE , IT HELPS ...
Answered by
23
Let the cost price of the washing machine = x rs.
market price of the washing machine = 40% above the cost price of the washing machine
= x + [ x × 40/100 ]
= x + 40x/100
= 140x/100
= 7x/5 rs.
Now , selling price of the washing machine = 35 % less the selling price of the washing machine.
= 7x/5 - [ 7x/5 × 35/100 ]
= 7x/5 - 49x/100
= (140x - 49x)/100
= 91x/100 rs
so, cost price = x
selling price = 91x/100
Here selling price is less than cost price so, the shopkeeper got loss
loss percentage =
= [CP - SP]/CP × 100
= [x - 91x/100]/x × 100
= [9x/100] /x × 100
= 9/100 × 100
= 9% answer
hope this helps you
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