A. 8%
B. 10%
C. 16%
D. 20%
C. 16%
Assume the cost price =100
So
the marked price (20% more ) = 1.2×100
the marked price (20% more ) = 120
A discount of 30% on the same is = 0.30×120
A discount of 30% on the same is = 36
Actual SP = 120−36
Actual SP = 84
Loss = 100−84
Loss = 16
or
Loss = 16%(Since base is 100)