A shopkeeper marks his goods 20%above the cost price, but allows 30% d – InterviewSolution

1.	A shopkeeper marks his goods 20%above the cost price, but allows 30% discount for cash. What is hisnet loss per cent?
Answer» Let the cost price be x then marked Price = 1.2xDiscount = 30 % =. 36 xSelling price =. 84x.So net loss =. 16x = 16%

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