If a shopkeeper marks the price of goods 60% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?

If a shopkeeper marks the price of goods 60% more than their cost pric

1.	If a shopkeeper marks the price of goods 60% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?
A.	12%, Profit
B.	12%, Loss
C.	10%, Loss
D.	20%, Profit
Answer» B. 12%, Loss

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If a shopkeeper marks the price of goods 60% more than their cost price and allows a discount of 30%, then what is his gain or loss percent?

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