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A merchant marks an article 20% above cost price. Then he sells it at a discount of 20% . The sale gives him ?

1No loss or gain
24% loss
32% gain
44% gain

Answer:- 1

Explanation:-

Solution:

Let the cost price = 100 unit
Now M.R.P = 120 units

\begin{aligned} Selling price \\ = \frac{120 \times 80}{100} = 96 \\ Loss = 100 - 96 \\ = 4 \\ Loss % = \frac{4}{100} \times 100 \\ = 4 % \end{aligned}

$\eqalign{ & {\text{Selling price}} \cr & = \frac{{120 \times 80}}{{100}} = 96 \cr & {\text{Loss}} = 100 - 96 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\, = 4 \cr & {\text{Loss }}\% = \frac{4}{{100}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 4\% \cr}$

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", "dateCreated": "7/24/2019 10:09:12 AM", "author": { "@type": "Person", "name": "Nitin Sir" } }, "suggestedAnswer": { "@type": "Answer", "text": "

Solution:

Let the cost price = 100 unit
Now M.R.P = 120 units

\begin{aligned} Selling price \\ = \frac{120 \times 80}{100} = 96 \\ Loss = 100 - 96 \\ = 4 \\ Loss % = \frac{4}{100} \times 100 \\ = 4 % \end{aligned}

$\eqalign{ & {\text{Selling price}} \cr & = \frac{{120 \times 80}}{{100}} = 96 \cr & {\text{Loss}} = 100 - 96 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\, = 4 \cr & {\text{Loss }}\% = \frac{4}{{100}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 4\% \cr}$ ", "dateCreated": "7/24/2019 10:09:12 AM" } }

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