Question

The price of a watch is marked Rs. 11250.When it is sold allowing 20 %discount, 20 %profit is made. By what percent is the discount to be reduced to increase the profit by 3%?

Answer 1

The Discount must be reduced to 10% to get 30% profit. Please refer the attached file

Answer 2

Discount should be reduced by 2% to increasing profit by 3% more...

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Hope this attachment will help you..