The marked price of an article is 50 % above its cost price. Shopkeeper allows 50 % discount on its marked price. He will get?
A) 20% profit
B) 20% loss
C) 25% profit
D) 25% loss
Explain clearly.
Answers
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6
Answer:
25% loss
Step-by-step explanation:
Let cost price be rs 100 then 50% is 50
marked price = 100+50
= 150
50% discount = 150/2
= 75
then article was sold at rs 75
but the cost price was 100
so loss = 100-75 = 25
loss % = loss / cp X 100
= 25/ 100 X 100
= 25%
HOPE IT HELPS
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