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Question 50
Sujata marks an article 36% above the cost price and allows a 40% discount on the marked price. The loss percentage is:
Solution
Let the cost price be Rs.100.
Marked price = 136
Discount = 40%
Selling price = 136 $$\times \frac{60}{100}$$Â = Rs81.6
Loss = 100 - 81.6 = Rs18.4
The loss percentage = $$\frac{18.4}{100} \times 100$$ = 18.4%
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