A shopkeeper buys goods at 30% discount on the marked price. He resets the marked price and sells them at
21-% discount on the new marked price and gains 25% profit. By what percent is the new marked price
more than the original marked price?
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Answer:
Best idea to get instant answer is put the cost of product of to be Rs 100/-
Market price = 130 % of 100 = 130
selling price = 130-15% of 130 = 110.5
Net profit = 110.5 - 100 = 10.5 Rs on Rs 100
Net percentage gain = 10.5
Step-by-step explanation:
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