Question
A shopkeeper marked his article 50% above its cost price
and offered a discount of 55%. If cost price of the article is Rs. 600, then find profit or loss of the shopkeeper on selling the articleSolution
Marked price of the article = 1.5 × 600 = Rs. 900 Selling price of the article = 0.45 × 900 = Rs. 405 Loss = 600 – 405 = Rs. 195
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