a man buys an article for Rs 80 and marks it for Rs 120.he then allows a discount of 40%.what is the loss or gain per cent?

• 10% loss
  If CP=80, Marked price=120, SP=120-120*40/100=72
  % loss=100-72*100/80=10
  
• 11 years agoHelpfull: Yes(2) No(0)
• 10% loss
  cp=80 sp=120-40%discount=72
  80-72=8 (loss)
  8 is 10% in 80.
• 11 years agoHelpfull: Yes(2) No(0)
• 10% 40% of 120 is 48 the gained marked was 40 so he get 8 rs loss so in percentage it is 10% loss to the actual amount
• 11 years agoHelpfull: Yes(1) No(0)
• 10% loss cp=80 mp=120 sp= 120- 40%mp=72 loss%= cp-sp/cp*100= 80-72/80*100=10%
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• 2.5% loss
  40% discount mean 78 rs
  so loss of 2rs that is 2.5 of 80
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