Question

grocer marks his goods 20% above cost price but had to sell the goods at a discount of 20 on the marked price Find the gain or loss percet in the transaction​​

Answer 1

Answer:

grocer marks his goods 20% above cost price but had to sell the goods at a discount of 20 on the marked price Find the gain or loss percet in the transaction

Answer 2

Answer:

Step-by-step explanation:

Let c.p be 100

20% above cost price

=100+100×20%

=100+20

=120

discount 20%

s.p=120-120×20%

=120-24

=96

Loss=100-96=4

Loss%=6×100/100

=6%