jasleen marks her goods at 30% above the cost price and allows a discountof 25% on m.p.find her profit or loss percent.
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hope this will helps u alot
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santosiniroutray:
thnx,but it is the right answer or not.
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Let the cost price be x.
Find the price after markup:
Markup = 30% x = 0.3x
Price after markup = x + 0.3x = 1.3x
Find the price after discount:
discount = 25% (1.3x) = 0.25(1.3x) = 0.364x
Price after discount = 1.3x - 0.364x = 0.936x
Find profit / loss:
Since cost price is more than selling price ⇒ it is a loss
Loss = x - 0.936x = 0.064x
Loss Percentage = (0.064x / x ) x 100 = 6.4%
Answer: The loss is 6.4%
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