Mathematics · Profit and Loss
An article costs ₹1,000 for a salesman. He fixes its marked price as ₹1,500. He sells it to a customer at a discount of 20%. He gives a further discount of 10% for cash payment. Find the percentage of loss or gain that the salesman makes on the sale.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1loss 10%
- 2loss 8%
- 3gain 10%
- 4gain 8%✓
Correct answer
gain 8%
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