Question
A shopkeeper marked his article 30% above its cost price
and offered a discount of 28%. If cost price of the article is Rs. 350, then find profit or loss of the shopkeeper on selling the articleSolution
Marked price of the article = 1.3 × 350 = Rs. 455 Selling price of the article = 0.72 × 455 = Rs. 327.6 Loss = 350 – 327.6 = Rs. 22.4
Abnormal Gain is shown on the …….side of the Process A/c and the ………… side of Abnormal Gain A/c
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