Question
A shopkeeper made a profit of 25% by selling an article
for Rs. 250. If he had sold it after allowing a discount of 12% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.Solution
Cost price of the article = 250 ÷ 1.25 = Rs. 200 New selling price of the article = 250 × 0.88 = Rs. 220 New profit = 220 – 200 = Rs. 20
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