Question
A shopkeeper marked his article 30% above its cost price
and offered a discount of 25%. If cost price of the article is Rs. 200, then find profit or loss of the shopkeeper on selling the articleSolution
Marked price of the article = 1.3 × 200 = Rs. 260 Selling price of the article = 0.75 × 260 = Rs. 195 Loss = 200 – 195 = Rs. 5
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