The price of an article is discounted by 30% there by its sales is increased by 40%. What is the profit or loss percent?

• ans=2% loss.
  let total article sold is 100
  and price of 1 article is 100
  then total price is=10000
  
  now giving discount price =70
  and article sold is 140
  so prise = 70*140 =9800
  loss=10000-9800 =200
  percentage =200*100/10000
  = 2%.
• 12 years agoHelpfull: Yes(12) No(1)
• let the price of the article is Rs. 100/- (say 100%)
  discounted 30% : means 100-30 =70
  after discount sales increased by 40% : means 70*40/100 =98 (say 98%)
  loss is Rs. 2/- (say 2%)
  so loss is 2%
  
• 12 years agoHelpfull: Yes(4) No(1)
• suppose cp of article =Rs 100
  and sold 10 in a day
  total earning=Rs 1000
  after discount new cp =Rs 70
  as the sale increased by 40%
  so it become 14 article in a day
  total earning is 14*70=RS980
  loss=1000-980=20
  loss%=(20/1000)*100=2%
  answer is 2%
• 12 years agoHelpfull: Yes(3) No(0)
• loss=200 means 2%
• 12 years agoHelpfull: Yes(0) No(0)