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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? |
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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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