A shopkeeper marked a suit at 400.he sold it after allowing a discount and still made at a profit of 25%.at what percentage above cost price did he mark the suit if he sold it for 320
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Answer:
) Mark price=400+
100
80×400
=400+320=720
(2) Discount %=15%
=15×
100
720
=108
sp=720−108=612
(3) Total profit=sp−cp=612−400=212
Profit =
400
212
×100=53%.
December 20, 2019
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