A) 12% gain
B) 12% loss
C) 10% gain
D) 10% loss
Correct Answer: D
Solution :
CP of the article \[=Rs.\,80\] And marked price of the article \[=Rs.\,120\] \[\therefore \] SP of the article \[=Rs.\frac{60\times 120}{100}\] \[=Rs.72\] \[\therefore \] Loss% \[=\frac{80-72}{80}\times 100%\] \[=\frac{800}{80}%=10%\]You need to login to perform this action.
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