Question
A shopkeeper made a profit of 26% by selling an article
for Rs. 2520. If he had sold it after allowing a discount of 20% on its selling price, then find the profit that the shopkeeper would’ve made in this transaction.Solution
Cost price of the article = 2520 ÷ 1.26 = Rs. 2000 New selling price of the article = 2520 × 0.80 = Rs. 2016 New profit = 2016 – 2000 = Rs. 16
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