A merchant of clothes purchases the cloth with a gauge of 120 cm instead of 100cm. and sellsit with a gauge of 80 cm with a discount of 20% . then total gain will be
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The answer is 20%
consider he gets 120 cm for the price of 100
but sells 80 cm for the price of 100 and then offers a discount of 20%
so he sells 80 cm for the price of 80
selling price of 80 cm = 80
cost price of 80 cm =(80/120)*100=(200/3)
Gain% = ((S.P-C.P)/C.P)*100 = 20%
Hope it helps you
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Answer:
A merchant of clothes purchases the cloth with a gauge of 120 cm instead of 100cm. and sells it with a gauge of 80 cm with a discount of 20% . then total ...
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