Question

19 ( 18) A dealer marks his goods 20% above cost but allows 5%discount to customers if he sells an article for ₹228 what does he gain on it.
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Answer 1

Answer:

the markup was 20% above that to get a list price of 240. the discount was 5% to get a discounted selling price of 228. the vendor made a profit of 228 minus 200 = 28. that's the gain

Answer 2

Answer:

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