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Discussion :: Profit and Loss

  1. A trader marks his articles 20% more than the cost price. If he allows 20% discount, then find his gain or loss percent?
    2. A.
    No profit No loss
    B.
    4% profit
    C.
    2% loss
    D.
    2% profit
    E.
    None of these

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    Workspace

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    Answer : Option E

    Explanation :

    Let CP of an article = RS. 100

    MP= Rs. 120

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