Discussion Forum : True Discount
Question -
If a shopkeeper marks the price of goods 50% more than their cost price and allows a discount of 40%, what is his gain or loss percent ?
Answer: Option A
Answer: (a)C.P. of article = Rs.100Marked price = Rs.150S.P. = ${150 × 60}/100$ = Rs.90Loss = 100 - 90 = Rs.10 i.e. 10%Using Rule 8,Here, r = 50%, $r_1$ = 40%His loss % = ${r × (100 - r_1)}/100 - r_1$= ${50 × (100 - 40)}/100 - 40$= ${50 × 60}/100 - 40$= –10% (–ve sign shows loss)= 10% loss
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Answer: (a)C.P. of article = Rs.100Marked price = Rs.150S.P. = ${150 × 60}/100$ = Rs.90Loss = 100 - 90 = Rs.10 i.e. 10%Using Rule 8,Here, r = 50%, $r_1$ = 40%His loss % = ${r × (100 - r_1)}/100 - r_1$= ${50 × (100 - 40)}/100 - 40$= ${50 × 60}/100 - 40$= –10% (–ve sign shows loss)= 10% loss
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