Rohit marks his goods at 40% above the cost price but allows a discount of 5% for cash payment to his customers. What actual profit does he make, if he receives 1,064 after allowing the discount?
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Answer:
CP=100
MP =140
sp=140x95 / 100 = 133
Profit = 133-100=33
sp. Profit
133. 33
1064. x
x = 1064x33x133=Rs.351
Actual profit = Rs 351
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