Question

A washing machine was marked 40% above cost price and a discount of 35% was given on its marked price. Find the gain or loss per cent

Answer 1

Answer:

9% loss

Step-by-step explanation:

let the cost price be rs 100

therefore the marked price is rs 140

the discount is given on marked price

therefore for 35 % discount

the selling price = 0.65*140=91

so there is a loss of rs 9 on rs 100 so 9%loss