A shopkeeper marked a 1kg packet of basmati rice 40% above the cost price and offered it a discount of 15%. find his gain percent.
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Answer:
19%
Step-by-step explanation:
let's say cost price is 100
so marked 40% so it will become 140
so and he is giving 15% discount on marked price so 15%on 140= 21rs
so 140-21=119rs
that means his gain =19
so gain percentage =19/100*100=19%
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