1.

Pans of marked pric5. A trader marks his goods 20% above the cost price. He then sells them at a discount of 25%. If his cost price is* 675, what are his gain or loss and its percentage?​

Answer»

ANSWER:

loss = 47.5

loss PERCENTAGE = 7.03%

Step-by-step explanation:

cost price = 675

selling price =20% above cost price

= 20% of 675 + 675

= 810

selling price = 810

discount offered = 25% on selling price

Final Selling price = 810 - 25% of 810

Final selling price = 627.5

Loss = costprice - selling price

Loss = 675 - 627.5

Loss = 47.5

Loss percentage = Loss / costprice * 100

Loss Percentage  = 47.5 / 675 * 100

Loss percentage = 7.03%



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