An article is marked 20% above cost price. The shopkeeper allows discount of 12% on it. Find his gain or loss percent. ​

Question

An article is marked 20% above cost price.
The shopkeeper allows discount of 12% on it.
Find his gain or loss percent.

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Allison 1 month 2021-09-15T00:54:59+00:00 1 Answer 0 views 0

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    2021-09-15T00:56:35+00:00

    Answer:

    gain%

    Step-by-step explanation:

    8th

    Maths

    Comparing Quantities

    Prices Related to Buying and Selling

    An article is marked 20\% …

    MATHS

    An article is marked 20% above cost price. The shopkeeper allows a discount of 12% on it. Find his gain or loss percent.

    December 26, 2019

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    Ribiyana Singh

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    ANSWER

    Suppose C.P=Rs.100

    Marked price =Rs.100+Rs.20=Rs.120

    Discount =Rs.

    100

    12

    ×120=Rs.14.40

    ∴S.P=Rs.120−Rs.14.40=105.60

    ∴Gain=Rs.105.60−rs.100=Rs.5.60

    ∴ Gain % =

    100

    5.60

    ×100=5.6%

    hope it will help you

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