Homework Help: maths

Posted by manpreet on Tuesday, January 1, 2013 at 8:19am.

a trader marks his goods 20% above the CP .He then sells them at a discount of 20% .If his CP is 550 what is his gain or loss and its percentage

maths - Knights, Tuesday, January 1, 2013 at 8:56am
he lost 4% and lost 22 dollars

1. 1.2 x
2. 0.8 * 1.2 x = 0.96
3. 0.96*550 = 528
4. 550-528 = 22

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