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a. A trader marked the price ofcommodity so as to include aprofit of 25%, but allowed a dis-count of 16% on the markedprice. His actual profit will(1) 16%(3) 5%(2) 25%(4) 9% |
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Answer» Let the gain be x%Then, (100+x)/100 = (100-16)/100 * (100+25)/100(100+x) = 84*(5/4)=> 100+x = 105=> x = 5% |
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