Shikhar marked his laptop at 50% above his cost price.
A customer thought it was too expensive so Shikhar
sold it to him at a discount of 20%. But he still made a
profit. What is the profit percentage Shikhar made on
it?
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Answer:
let cost price = 100%
above c.p. = 50%
total cp= 150%
dis. = 20%
profit =cp-discount
=150-20
130%
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