1. A dealer buys some pens from a wholesaler at the rate of 30 per pen and marked them at 240 each
How much discount he should allow to get a profit of 20%?
Plese give explanation
It's answer is ruppes 4 please explain
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Step-by-step explanation:
cp of one pen is 30
mp of one pen is 40
let discount percentage be x
40*(100-x)/100= sp
according to the question
40*(100-x)/100= 30*120/100
400-4x=360
4x=40
x=10
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