ICSE Class 8 Answered
A vendor marks goods 45% above the cost price and allows a discount of 40% during the sale. Find the profit or lose percentage of the vendor.
Asked by l.kumar2412 | 15 Jul, 2019, 03:40: PM
Expert Answer
Let the original Cost Price = RS. 100
→ Marked Price = 45% of 100 + 100 = Rs. 145
Selling Price = 145 - 40% of 145 = 90
Here SP < CP ... 90<100
% Loss = 10%
Answered by Yasmeen Khan | 15 Jul, 2019, 05:31: PM
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