A dealer marks his goods at 16% above the cost price and then allows a discount of 8% find his profit percentage
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Step-by-step explanation:
10035x=100135x=2027x
Now, the rate of discount=20%
Discount=20% of Rs2027x
=10020×2027x=10027x
Now, S.P=M.P−Discount=2027x−10027x=100135x−27xRs.=100108x=Rs.2527x
Now,Profit=S.P− C.P =2527x−x= Rs.252x
Profit %=[C.Pprofit×100]%
=25×x2x×100
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