The marked price is 20% higher than cost price. A discount of 20% is g – McqOptions

MCQOPTIONS

1.	The marked price is 20% higher than cost price. A discount of 20% is given on the marked price. By this type of sale, there is :
A.	No loss no gain
B.	4% gain
C.	4% loss
D.	2% loss
Answer» D. 2% loss

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