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SSC CHSL 2023 · PYQ · Profit and Loss · medium

A shopkeeper marks his goods at 80% more than their cost price and allows a discount of 48% on the marked price. His loss percentage is:

  1. A.6 2/5 %
  2. B.2 1/5 %✓ Correct
  3. C.3 1/5 %
  4. D.7 3/5 %

Explanation

Let CP=100, MP=180. After 48% discount, SP=180×0.52=93.6. Loss=100−93.6=6.4, Loss%=6.4%. Hmm that gives 6.4%=6 2/5%. So answer is (c) 6 2/5%.
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