Marked price of a commodity is 35% above the cost price. If he gives a discount of 15%, how much he gains on the deal.
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Let the cost price be 100.
Therefore, the marked price is Rs 135.
The discount of 15% on 135 = Rs 20.25.
Therefore, the product is sold at Rs (135 - 20.25) = Rs 114.75.
Hence, the profit percentage is 14.75 therefore ans: 14.75
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