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
Similar Practice Questions
400 apples were bought at ₹1220 per hundred and were sold at a profit of ₹920. Find the selling price (in ₹) per dozen of apples.
400 apples were bought at ₹1220 per hundred and were sold at a profit of...
A dishonest shopkeeper promises
A dishonest shopkeeper promises to sell his goods at cost price. However, he uses a...
A shopkeeper bought an article for ₹520.
A shopkeeper bought an article for ₹520. At what price (in ₹) should he sell...
The cost price of 5 kg of millet and 10 kg of wheat were ₹50 and ₹60 per kg, respectively. On selling, the seller profits 10% on millet and 20% on wheat. What was the total sale price?
The cost price of 5 kg of millet and 10 kg of wheat were ₹50...
Atul sold two sacks of rice for ₹19,200
Atul sold two sacks of rice for ₹19,200 each. On one, he gained 20% and...
What should come in place of the question mark 412 420 408 424 404 428 ?
A man buys a watch for ₹1,200 and sells it at a 10% loss. What...
If Malay buys guavas at ₹300 per kg
If Malay buys guavas at ₹300 per kg and sells them at ₹25 per 100...