ganesh bought a book for rs2000 and he labeled it price 20% above the cp.if he allows 10%discount, what will be profit percentage
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Answer:
7.40%
Step-by-step explanation:
Cost Price of book= ₹2000
Selling Price = 20%* ₹2000+ ₹2000
= ₹2400
Now discount is 10%
so Selling Price is 2400-10% of ₹2400
=₹(2400-240)= ₹2160
So Profit = ₹2160- ₹2000
= ₹160
Profit % =160/2160*100=7.40%
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