A shopkeeper marked his article 40% above its cost price and offered a discount of 30%. If cost price of the article is Rs. 750, then find profit or loss of the shopkeeper on selling the article
Marked price of the article = 1.40 × 750 = Rs. 1050 Selling price of the article = 0.7 × 1050 = Rs. 735 Loss = 750 – 735 = Rs. 15
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