An article was marked 40% above cost price and a discount of 35% was given on its marked price. Find the gain or loss per cent made by the shopkeeper?
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An article is marked 40% above the cost price and a discount of 35% is allowed. What is the gain or loss percentage?
Suppose actual cost of x was 100
As per your querry marked 40% above the CP
New Cost Price is 100+(40%of 100) =140
Now giving discount at 35%
Now cost comes 140-(35%of 140)
Actual cost was 100
After 40% addition and 35% discount it comes to ₹91
Actual discount is 2% only
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