A shopkeeper marks his goods 40% above sells 40% of the goods at the marked price and 40% of the remaining at 60% discount on the marked price and the rest at the cost price. His profit percent in the entire transaction is
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Step-by-step explanation:
Let CP = 100
Goods=100
Total CP of 100 goods=10000
MP = 140
70% of goods sells at mp
70×140= 9800
Discount of 40% at mp
40×140/100=56
Rest goods = 140–56=84
30 goods sells at 84 rs
30×84=2520
Total selling amount=12320
Profit=sp-cp
12320–10000=2320
Profit %= 2320*100/10000
=23.2
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