A Shopkeeper fixed the marked price of his radio to make a profit of x℅ allowing y℅ discount on the marked price,the radio was sold,what percent profit will he make?
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Answered by
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Hey mate,..
let us assume:-
C = Cost price
S = Selling price
M = Market price
D% = Discount
G% = Gain
Now,
Discount = D% of marked price, M
Discount = Marked Price – Selling Price
Marked Price – Amount of Discount = Selling Price
M (1-D%) = Selling Price
Also, Selling Price = Cost Price + Gain
Thus,
M (1-D%) = C (1 + G%)
Or in other words
Marked Price (1 – Discount%) = Cost Price (1 + Gain%).
Hope it will help you.
✨sai.
nitik30:
bakwas
Answered by
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