Question

If a shopkeeper hikes the purchasing value of an item by

Q: Answer-If a shopkeeper hikes the purchasing value of an item by 56% and gives it a discount of 56% on the f...

Let the cost price of the item be 100x MP of the item 100x x 156100 Rs. 156x SP of the item 156x x 44100 68.64x Loss percent 100x-68.64x 100x 100 31.36

56% and gives it a discount of 56% on the face value for selling it, then know the total percentage gain or loss it will have?

A 31.36% profit

B 20.04% Loss

C 20.04% Profit

D 31.36% Loss

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Solution