Question

please solve this- A trader marks his goods 25% above the cost price . He then sells them at a discount of 25%. If the cost price is rs. 500 then find the loss or gain percentage

Answer 1

Cost price =500
Then.. Market price will be 500*25/100=125
500+125=625rs.
So, selling price will be 500*75/100=375
so..Sp is less tham Cp means loss
loss=500-375=125
loss percentage =125*100/500=25 per cent