by how much was in the list price of an article be greater than the cost price so that by selling the same to his customer at a commission of 10% profit of 20%
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Let CP = 100
MP = 120
Disc = 10% of MP = 12
SP = MP - Disc = 120 - 12 = 108
P = SP - CP = 108 - 100 = 8
Gain % = 8%
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