A man spends 10% of the cost price as overheads and marks his goods 20% above the total cost price. He allows 10% discount. What is his profit on the article which is sold for 594?
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Answer:
94
Step-by-step explanation:
x*1.1*1.2*0.9=x*1.188, final price results in 18.8% profit
Profit on this operation: 594-594/1.188=594-500=94
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