Question

If a merchant offers a discount of 30%
on the list price, then he makes a loss
of 16%. What per cent profit or per
cent loss will he make if he sells at a
discount of 20% of the list price?​

Answer 1

Step-by-step explanation:

CP : MP : SP

{ 10 7 }×3

{ 25. 21 } × 1

CP = 25

SP = 21

MP = 30

DISCOUNT = 20%

-20% = 4/5 or 24/30