a shoppkeper buys an article for 400 and marks it for sale
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Hey Mate,
Real Price of article = Rs. 400
Market Price = 80% more than actual Price.
Selling Price = 15% discount on Market Price.
Answer 1 :
Market Price of Article = 400 + (400 × 80/ 100 )
= > 400 + 320
= > Rs 720.
Market Price of the article is Rs. 720.
Answer 2 :
15% Discount on Market Price = 720 × 15 / 100
= > 10800/ 100
= > Rs. 108
Discount on market is Rs. 108 .
Answer 3 :
Shopkeeper buy an article for Rs. 400
and Sale it at ( 720 - 108 ) = Rs. 612.
Difference = Rs. ( 612 - 400 ) = 212.
P% = ( 212/ 400 ) × 100
P% = 53 %
The actual profit % earn by shopkeeper is 53% .
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