Question

Mohan purchased a shirt for Rs. 300 and sells it for Rs. 200 . Did he sell it at a profit or loss ?​

Answer 1

Answer:

Now, given that marked price of the shirt is ₹ 300, the person bought it at 20% discount. This means he paid 300 - (20% of 300) to buy the shirt.

=> 300 - (0.2*300)

=> 300 - 60 = ₹ 240 -> cost price of shirt.

In order to sell the shirt at 20% profit, he needs to add 20% of cost price to itself.

Step-by-step explanation:

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Answer 2

Answer:

he loss Rs.100

Step-by-step explanation:

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