The marked price of an article is Rs 4000 and 10 percent discount is given to make 20% profit but what percent is the discount to be increased to get under 12% profit
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Step-by-step explanation:
Marked price =4000
discount = 4000×10/100=400
Selling price=4000-400= 3600
Cost price= 3600/120×100= 3000
profit = 12%
selling price = 3000×112/100=3360
discount = MP-SP
= 4000-3360
=640
Discount % = 640/4000×100
= 16 % ans
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