A shopkeeper marks the priceof his goods 20 above the purchase but allows 10 discount of his customers he earns profit of rs 120 to do so what was the actual price
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1
Answer:
8%
Step-by-step explanation:
Let be cost price =Rs.100
Then mark price =Rs.120
∴ Selling price =90% of 120
=
100
120×90
=Rs.108
Profit = Selling price− Cost price
=Rs.(108−100)=Rs.8
Profit % =
100
8×100
=8%
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