Gujarati
Hindi
7.Profit and Loss
hard

A shopkeeper marks his goods $20 \%$ above $CP$ but allows $30 \%$ discount for cash. His net loss is in $\%$?

A

$8$

B

$20$

C

$10$

D

$16$

Solution

Let $C P=R s .100, M P=R s .120$

The $SP$ after discount $=120 \times \frac{70}{100}=84$ $Rs$. $\quad[30 \%$ discount $]$

So $\operatorname{loss}=16 \%[ CP – SP ]$

Standard 13
Quantitative Aptitude

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