an article was make 40% above the cost price and discount of 35% was given on it make price find the gain and loss percent
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Answered by
3
Answer:
Let the cost price be x
Marked up price = x + x * 40/100 = 1.4x
After 35% discount on marked up price = 1.4x - 1.4x * 35/100
= 1.4x - 0.49x
= 0.91x
The article was sold at loss = x - 0.91x = 0.09x
Loss percentage = 9%
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Answered by
42
Let the C P of goods = Rs.x
Now, MP of goods
Now, the rate of discount
now,
SP = MP
Now, SP = M.P - distance
Now profit = SP - CP
Profit %
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