Marked price of a TV is 20% more than its cost price. Yet Ajay gives a discount of 30% while selling the TV. How much per cent loss did he incur?

Marked price of a TV is 20% more than its cost price. Yet Ajay gives a

1.	Marked price of a TV is 20% more than its cost price. Yet Ajay gives a discount of 30% while selling the TV. How much per cent loss did he incur?
A.	10%
B.	16%
C.	5%
D.	50%
Answer» C. 5%

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Marked price of a TV is 20% more than its cost price. Yet Ajay gives a discount of 30% while selling the TV. How much per cent loss did he incur?

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