Question

an article was Mark 40% above the cost price and discount of 35% was given on its marked price find the gain or loss percent​

Answer 1

Answer: Loss of 9%

Step-by-step explanation:

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

So shopkeeper sold article at loss = x - 0.91x = 0.09x

Loss percent = 9%

Answer 2

Answer:Loss 9%

Step-by-step explanation:

CP = Rs 100

MP= 100 +40 =Rs 140

SP = 65×140/100 = 91

Loss = Rs 9

Loss = 9/100 ×100 = 9 %