Question

showpiece was marked 50% above the cost price and discount of 16% was given its marked price find the gain or loss percent​

Answer 1

Step-by-step explanation:

LET CP BE ₹100

MP = 50%OF 100+100

MP = ₹150

DIS = 16%

SP = (100-DIS%)/100 X MP

= 84/100 X 150

=21 X 6

SP = ₹126

GAIN = SP - CP

GAIN =126 - 100

GAIN =26% (AS WE LET CP BE 100)