A trader marks his goods at 25% above his cpst price and allows a discount of 12 whole 1 /2 %on purchases for cash payment .the profit percent he makes is:
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Let the C.P = Rs. 100
Then M.P = Rs. 125
Discount= 25/2
S.P =125− 25/2% of 125
S.P =125− 25/2 × 1/100×125
S.P =125−15.625= Rs. 109.375
Profit =109.375−100=9.375
Profit %= 9.375/100 ×100=9.375=9 3/8%
the answer is 9 3/8%
the answer is nine, three by eight
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