the market price of an article is 10% above the selling price and the cost price is 20% below the selling price find the percentage of discount and the profit percent
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1
Answer:
9.09%, 25%
Step-by-step explanation:
let s.p = Rs100 then c.p = Rs 80
market price = Rs 110
% discount = 10/110 * 100 = 9.09%
profit = 100 - 80 = 20
profit% = 20/80 * 100 = 25%
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