if 10% discount is allowed on the market price then the profit is 20%. If the discount is increased to 20% then what will be the profit percentage?
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let mp be 100
so mp×discount%/profit%=cp
100×90/120=75
if discount=20% then sp=20
profit =80-75
profit%=5/75×100=6.66%
hope you find this helpful
so mp×discount%/profit%=cp
100×90/120=75
if discount=20% then sp=20
profit =80-75
profit%=5/75×100=6.66%
hope you find this helpful
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