mths problem = A person marks his goods 40percent above the cost price and he allows a discount of 40percent
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0% he got a at his desk at his school
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Answer: Answer: Let cost price be Rs. 10. Marked price = cost price + 40% of cost price = 4 + 10 =14 Discount = 40 % of Marked Price = 40% of 14 = 5.6 Selling Price = Marked Price - Discount = 14-5.6 = 8.4 Loss = Cost price - selling price = 10 -8.4 = 1.6 Loss% = (loss / cost price ) * 100 = 16% Its loss.
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