at what price should an object be marked to make a profit of 15% on its purchase price rupees 9640 after being discounted by 15%
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Profit, in accounting, is an income distributed to the owner in a profitable market production process (business). Profit is a measure of profitability which is the owner's major interest in the income-formation process of market production. There are several profit measures in common use.
Here is the definition of profit.
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