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 Solution If 20 % discount is given on the decided price which is decided by addition of 20 % profit on the purchase price, then will there be profit or loss? What is the percentage?Solution:Your problem -> If 20 % discount is given on the decided price which is decided by addition of 20 % profit on the purchase price, then will there be profit or loss? What is the percentage?Decided price is 20 % profit on the purchase priceDecided price = purchase price + profit = 100 + 20 = 12020 % discount is given on the decided price Discount = 20 % of decided price = 20 % of 120 = 20/100 × 120 = 24The discount is Rs 24S.P. = decided price - discount = 120 - 24 = 96Loss = Purchase Price - Selling Price = 100 - 96 = 4Hence there will be 4 % Loss in this case. Solution provided by AtoZmath.com Any wrong solution, solution improvement, feedback then Submit Here Want to know about AtoZmath.com and me