Question

B mark up price on pump by increasing 40 %. If he wishes to sell it after providing subsidy of 40 %then find out pprofit and loss percentage?

Answer 1

suppose C.P. is 100rs 
after markup of 40% , it will be 140

subsidy of 40%on 140=56rs
S.P. = 140-56= 84rs
loss =100-84=16rs
loss%= 16/100*100=16%


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