What price a trader mark on an article that costs him Rs 950 to gain Rs 190 after allowing a
discount of 15 %? Give proper answer or I'LL report you
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Answer:
Let the original C.P. be Rs. 100.
Then the marked price =50% of 100+100=150
S.P. =150−20% of 150 =150−30=120.
% profit =100(120−100)×100=20%
Thus, the profit percent is 20%.
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