The marked price is 20% more than the cost price. A discount of 20% is given on the marked price. What is the result of such a sale?
The marked price is 20% more than the cost price. A discount of 20% is given on the marked price. What is the result of such a sale?
अंकित मूल्य क्रय मूल्य से 20% अधिक है। अंकित मूल्य पर 20% की छूट दी जाती है। इस प्रकार की बिक्री से होता है:
Detailed Solution & Logic
4% Loss
Let cost price (CP) = 100
Step 1: Marked price
MP is 20% more than CP
So, MP = $120$
Step 2: Discount 20%
Selling price (SP) = 20% discount on 120
SP = $120 - 20% \text{ of } 120 = 120 - 24 = 96$
Step 3: Compare SP and CP
CP = 100, SP = 96
Loss = $100 - 96 = 4$
Final Answer: 4% Loss
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