1. The shopkeeper added 42% of the cost price as mark up and then he gives a discount of same 42% on the marked price for a sale, then what will be the overall profit or loss percentage?
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By: anil on 05 May 2019 01.13 am
Let cost price = Rs. 100 => Marked price = $$100 imes(frac{142}{100})=Rs.$$ $$142$$ Thus, selling price after discount of 42% = $$142 imesfrac{100-42}{100}=Rs.$$ $$82.36$$ $$ herefore$$ Loss % = $$frac{100-82.36}{100} imes100=17.64\%$$ => Ans - (A)
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