a retailer sells 30chairs, each at rs. 60 after giving 20% discount. he still earns 20% profit. if the retailer close the discount offer, he would gain
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SP of chairs=60*30=1800
Marked price=1800/80%=2250
CP=1800/120%=1500
Profit at marked price without discount=(2250-1500)/1500 x 100%
=50%
Marked price=1800/80%=2250
CP=1800/120%=1500
Profit at marked price without discount=(2250-1500)/1500 x 100%
=50%
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