Question
A shopkeeper made a profit of 45% by selling an article
for Rs. 290. 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 = 290 ÷ 1.45 = Rs. 200 New selling price of the article = 290 × 0.80 = Rs. 232 New profit = 232 – 200 = Rs. 32
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