Question

A dealer buys some pens form a wholesaler at the rate of rupees 30 per pen and marked them at ₹ 40 each. How much discount he should allow to get a profit 20%?.

Answer 1

To get 20% profit the selling price should be
Rs. 30+30*20/100=Rs. 30+30*1/5=Rs.30+6= Rs.36
Now he printed the price as Rs.40
discount should be given Rs.(40-36)=
Rs. 4(Ans.)

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