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:B
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%