an article was marked 40%above the cost price and a discount of 35% given on mp.find gain% or loss%?
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Marking it above 40% means marking it at 140Rs. Now, discount of 30% on 140 equals to 42 Rs, so selling Price would be 98Rs. Thus, you are selling it at 2% Loss. An article is marked 40 % above the cost price and a discount of 30 % is allowed.
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