A trader purchased a radio for 1050 He wants to earn a profit of 30%after allowing 12.5%discount. Calculate the price to be fixed by him
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Answer:
Selling rate 1365
Before discount 1560
Explanation:
cost 1050
30% profit on cost
30% of 1050=315
= 1050+ 315 = 1365 (After discount)
before 12.5% discount 1560
12.5% of 1560= 195
1560- 195= 1365
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