plz answer the above que's correctly...
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Step-by-step explanation:
1.Discount is always calculated on the Marked Price.
2. VAT is calculated on the Selling Price.
3. Profit/loss percentage is calculated on the Cost Price.
4. Selling price = 100
Gain on it = 20
Cost price = Selling price - gain
Cost price = 100-20= 80
Gain percentage= (gain/cp)×100
g% = (20/80)×100
g% = 100/4
gain % = 25%
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