a dealer offer 20% discount if the selling price of article is 216 then what is the market price of articles
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Answer:
8
Step-by-step explanation:
For answering such questions here I give you a short cut method -
Gain or loss percent = X + Y +(X×Y)/100
For increase use positive sign and for decrease use negative sign.
So here, X = +20%
And Y = -10% negative as it is discount
Put the values of X and Y in the above formula, if solution is positive it is gain and if it is negative it is loss
=20 +(-10) +(20×-10)/100
=20 -10 -200/100
=20–10–2
=8
It is positive so there will be profit of 8% in this transaction.
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