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A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent? |
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Answer» 4% LOSS Let CP of an article = RS. 100 MP= Rs. 120 Discount = 20% SP = M[(100 - d%)/100] = 120(80/100) = Rs. 96 Clearly, the trader GETS 4% loss. |
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