πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      A trader increases the cost price of an article by 20%

      and then gives a discount of 10%. What is his overall profit or loss percentage?
      A 8% profit Correct Answer Incorrect Answer
      B 14% loss Correct Answer Incorrect Answer
      C 10% loss Correct Answer Incorrect Answer
      D 17% profit Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let CP = 100. Marked Price = 120. Selling Price = 120 Γ— 0.9 = 108. Profit = 8%.

      Practice Next
      ask-question