by selling an article for Rs. 448 , a man gains 12 per cent . find the loss per cent if he allows a discount of Rs. 88
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Answer:
Let the CP be x.
gain=12%
SP=448
448=x(1+12/100)
448=112/100 x
x=448*100 / 112=400
CP=400
if discount=88 rs.
then SP=400-88=312
loss %=88/400*100=22%
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