Jasleen marks her goods at 30% above the cost price and allows a discount of 25% on the marked price find her gain or loss percent.
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Answers
Let the CP=
:.MRP=130
Now Discount=25%
:.Eqⁿ=130-130×25/
=130-32.5
=97.5
:.Loss=-97.5
=2.5
:.Loss%=Loss/CP×
=2.5/×
=2.5%Loss
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Tèàm Káñçhâ
Let the cost price be 100.
Given that he marks her goods at 30% above the cost price.
Marked price = 100 + 30% of 100
= 100 + (30/100) * 100
= 100 + 30
= 130.
Given that he allows a discount of 25% on the marked price.
= > 25% of 130
= > (25/100) * 130
= > 32.5.
We know that selling price = marked price - Discount
= 130 - 32.5
= 97.5
Here, cost price > selling price. So loss has occurred.
Now,
We know that Loss = cost price - selling price
= 100 - 97.5
= 2.5
Loss % = (Loss/cost price) * 100
= (2.5/100) * 100
= 2.5.
Therefore, the loss % = 2.5.
Hope this helps!