If a discount of 10℅ be given on the M.P of a shirt, the seller gains 20℅ . if the discount is increase to 15℅, what will be the gain percent?
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Answer:
Step-by-step explanation:
Let Selling price be SP and cost price be CP
So (100%–10%) SP = CP (100%+20%)
Or 0.9 SP = 1.2 CP
SP = 1.2/0.9 CP = 1.33 CP
If discount is increased to 15%
SP (100% - 15%) = CP ( 100% + x%)
0.85 SP = CP ( 100% + x%)
0.85 * 1.33 CP = CP (100% + x%)
x = 13.33%
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