a dealer marks the price of an article up by 20% and sells them at a discount of 15%, find his overall gain percentage
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Let CP=100
MP=120
Discount =15% I.e. 15%of MP =15% of 120 =18
SP = MP - Discount = 120-18 =102
gain = sp - cp =2
Gain % = (gain/CP)*100% = 2/100 *100 =2%
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