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A shopkeeper allows 10% discount on goodswhen he sells without credit. Cost price of hisgoods is 80% of his selling price. If he sells hisgoods by cash, then his profit is? |
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Answer» Answer: Ans: 25% Suppose selling price = 100 Then, cost price = 80 Profit = 100-80 = 20 profit percent = 20 80 × 100 = 25 % =2080×100=25% Note: discount is given on market price and not a required INFORMATION here. not SURE about the answer but hope it works |
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