A shopkeeper marked his goods 20% above the CP. He gave a discount of 10%. Find his gain %
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I think this is answer i think
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Answer:
Actual C.P. = x
Now the C.P. is = x+20/100+x = 100x+20x/100 = 120x/100 = 6x/5
Discount = 10%
So S.P. = 6x/5-10/100*6x/5 = 6x/5-3x/25 = 30x-3x/25 = 27x/25
Then Profit = 27x/25-x = 27x-25x/25 = 2x/25
Therefore, Profit% = (20/25*100)% = 80%
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