Multiple choice

A shopkeeper marks his goods 20% above the cost price, but allows 30% discount on cash payment. His net profit or loss% is- एक दुकानदार अपने सामान को क्रय मूल्य से 20% अधिक अंकित करता है, लेकिन नकद भुगतान पर 30% की छूट देता है। उसका कुल लाभ या हानि प्रतिशत है-

  1. 8%

  2. 10%

  3. 16%

  4. 20%
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Let CP = 100. Marked price = 120. After 30% discount: SP = 120 × 0.70 = 84. Since CP = 100, this is a loss of 16%. Loss = 100 - 84 = 16. Always assume CP = 100 for percentage profit/loss problems.

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