Question

jascon marked an item 15% above cost price and allowed a discount of 20%.find the percentage​

Answer 1

Answer:

it will be 8 percent of loss

Answer 2

Answer:

The percentage profit/loss after allowing a discount of 20% on an item marked 15% above cost price can be calculated as follows:

Let's say the cost price of the item is 100.

The marked price of the item will be 100 + 100 * 15/100 = 115.

The selling price after allowing a discount of 20% will be 115 - 115 * 20/100 = 92.

The percentage profit/loss can be calculated by dividing the profit/loss by the cost price and multiplying the result by 100.

In this case, the profit is 92 - 100 = -8.

The percentage loss is -8/100 * 100 = -8%.

So, the answer is that the item was sold at a loss of 8%.

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