A shopkeeper marks his goods 40% is more than their cost price and allows a discount of 20% find his profit or loss percentage
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Let CP be 100
Marked Price =40%
So Marked Price=Rs140
Discount of 20% on Marked Price
Therefore 20% of 140
=20/100*140
=0.2*140
=28Rs
So SP=140-28
=Rs112
Therefore Profit%=12%
Hope this helps..if yes.. Pls Mark As Brainliest
Marked Price =40%
So Marked Price=Rs140
Discount of 20% on Marked Price
Therefore 20% of 140
=20/100*140
=0.2*140
=28Rs
So SP=140-28
=Rs112
Therefore Profit%=12%
Hope this helps..if yes.. Pls Mark As Brainliest
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