A trader marks his goods at 5% above its cost price. What is the rate of discount offered by him if he sells them at a loss of 10%?
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Step-by-step explanation:
let CP =100
MP =105
105 × {100-x}/100 = 100×9/10
105 { 100-x} = 9000
7{100-x} =600
700 -7x =600
7x = 100
x =100/7 % answer....
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