A trader marks his goods up by 50% and declares two successive discounts of 20% each. What is his overall gain?

Dear Hemant

initial=100

marked=150

first discount=150-150x0.2=120

second=120-120x0.2=96

loss by 4%

 All the best.                                                          

AKASH GOYAL

AskiitiansExpert-IIT Delhi

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