an article cost rupees 2700 to a manufacturer who list it price at rupees 3200 he sells it to a trader at a discount of 5% that trader gets a further discount of 5% for cash payment calculate the amount that the database to the manufacture and calculate the profit percent the manufacturer makes on the sale. A QUIZ TO DO
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CP = 2700
mp= 3200
after 1st discount amount is 95/100*3200=3040
after cash discount
95/100*3040=2888(ans)
profit = 2888-2700=188
profit% = 188/2700*100=6.96%(ans)
188/2700*100=18800/2700
=188/27=6 26/27 or 6.96%
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