A dealer marks his goods at 30% above the cost price, then allows a 40% discount on it. What would be his loss percent? |
15% 20% 22% 25% |
22% |
Let C.P. = Rs. 100 MRP = 100 × 130% = 130 Discount = 130 × 40% = Rs. 52 S.P. = 130 - 52 = 78 Loss = 100 - 78 = 22 Loss percent = \(\frac{22}{100}\) × 100% = 22% |