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a shopkeeper marks his goods at 20% above the cost price and offers a discount of 12%. find his profit percent |
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Answer» Answer: 8% Step-by-step EXPLANATION: ∴ INCREASED price = (1 + 20/100)x ∴ After discount price = (120x/100 - 12/100x) = 108x/100 ∴ Profit percent = (profit/CP) × 100% ∴ Profit % = 8% |
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