The marked price is 20% higher then cost price. A discount of 20% is given on th

Question

The marked price is 20% higher then cost price. A discount of 20% is given on the marked price. By this type of sale, there is = ?

Options:

A . 4% loss

B . 2% loss

C . No loss no gain

D . 4% gain

Answer: Option A

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More Questions on This Topic :

Question 1. How much percent above the cost price should a shopkeeper mark his goods so as to earn a profit of 32% after allowing a ....allowing a discount of 12% on the marked price ?

Question 2. The price that akbar should marks on a pair of shoes which costs him Rs. 1200 to gain 12% after allowing a discount of 1....allowing a discount of 16% (in rupees) is = ?

Question 3. A fan is listed at Rs. 150 and a discount of 20% is given. Then the selling price is = ?....

Question 4. A trader allows a trade discount of 20% and a cash discount of $${\text{ 6}}\frac{1}{4}\% $$ on the marked price of t....should the goods be marked for the sale = ?

Question 5. The true discount on Rs. 2562 due 4 months hence is Rs. 122. The rate percent is:....

Question 6. A man purchased a cow for Rs. 3000 and sold it the same day for Rs. 3600, allowing the buyer a credit of 2 years. If the....10% per annum, then the man has a gain of:

Question 7. If Rs. 10 be allowed as true discount on a bill of Rs. 110 due at the end of a certain time, then the discount allowed o....sum due at the end of double the time is:

Question 8. A man wants to sell his scooter. There are two offers, one at Rs. 12,000 cash and the other a credit of Rs. 12,880 to be....being at 18% per annum. Which is the better offer?

Question 9. A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate....interest 12% per annum, how much cash should he pay?

Question 10. Goods were bought for Rs. 600 and sold the same for Rs. 688.50 at a credit of 9 months and thus gaining 2% The rate of i....thus gaining 2% The rate of interest per annum is:

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