Question

I trade marks his goods 20% above the CPT then sells them at a discount of 20% the cost price is rupees 550 what is the gain or loss and the gain or loss percent

Answer 1

Here is your answer

Good mark =20% of 550 =550x20/100. =110
MP =550 +110 =660

Now Discount =20% of 660 = 20x660/100
=132
SP = 660 -132 = 528

LOSS = 550 -528. = 22

LOSS % =22x100/550. = 4% ANSWER

Hope it helps you

Answer 2

Answer = 4% which is loss

20 percent of 550= 110

Then + 110 to 550 which is 660

Discount equals to 20%

Therefore 20 % of 660 is 132

660 - 132 = 528

Then subtract 528 from cost price which is 550 = 22

22 is loss

Then loss percent = 22 multiplay100 divided by 550= 4 % which is loss