MCQOPTIONS
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| 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. | 4% loss |
| B. | 2% loss |
| C. | no loss no gain |
| D. | 4% gain |
| Answer» B. 2% loss | |