A trader purchased an item at 50% discount and sold 10% more than marked price .what is its gain percentage
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Answer:
Step-by-step explanation:
Discount%=50%
SP=MP+10% =(10MP+1)/10
Profit%=?
now,
SP=MP-D%5 of MP
10MP+1/10=100MP-50/100*MP
10MP+1/10=1,000MP-500/10
10MP+1=1,000MP-500
501=990MP
MP=Rs.1.97
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