Question

A man sells an article with a 20% discount and gain a profit of 20%.what would be the profit percentage if he sells it with 10% discount ?

Answer 1

8%

Let MP(marked price) be 100
SP = 10% discount
= 100 - 10 = 90
profit = 20%

20% of 90 = 18

total value = 90 + 18 = 108
profit = 8
8 = 8% of 100

so the answer is 8.

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