Question
The marked price of an article is 26% more than its cost
price. If a discount of 32% is given, what will be the loss percentage?Solution
Let the cost price (CP) be 100. Marked price (MP) = 100 + 26 = 126 Selling price after 32% discount = 126 − (32% × 126) = 126 − 40.32 =85.68. Loss = 100 − 85.68 = 14.32. Loss percentage = 14.32/100 × 100 =14.32%
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