An article costs ₹1,000 for a salesman. He fixes its marked price as ₹1,500. He sells it to a customer at a discount of 20%. He gives a further discou...
Question
An article costs ₹1,000 for a salesman. He fixes its marked price as ₹1,500. He sells it to a customer at a discount of 20%. He gives a further discount of 10% for each cash payment. Find the percentage of loss or gain that the salesman makes on sale.