Question
A shopkeeper marks an article 30% above its cost price and gives a discount of 10% on the marked price. What is the profit percentage?
Solution
ATQ, Let CP = 100 MP = 130 Discount 10% => SP = 130 - 10% of 130 = 130 - 13 = 117 Profit = 117 - 100 = 17 Profit% = 17%
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