please give me the answer of this questions
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Answer:
25%
Step-by-step explanation:
Let's assume the cost price of the almirah to be x. A 12% profit means the sale price 3920 is actually 100%+12% of the cost price i.e.
Now, we have thw actual cost price. We can calculate the profit p and then the percentage of profit as follows:
Hence, the profit or gain is 25%.
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