Question

If the shopkeeper added 19% of the cost price as mark up and he gives a discount on Same 19% as a discount on the marked price for a sale, then what will be the overall profit or loss percentage?

Answer 1

Answer:

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If the selling price is Rs 112, cost price = Rs 100. If the selling price is Rs 224, cost price = Rs (100/224) × 112 which is = Rs 200. Hence the answer is C) Rs 200. Example 2: A bicycle marked at Rs 1,500 is sold for Rs 1,350.

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