Question
A shopkeeper marked his goods 60% above cost price and
gave a discount of 25%. Find profit percentage of the shopkeeper.Solution
Let cost price of goods be Rs. 100 Marked price of goods = 1.6 × 100 = Rs. 160 Selling price of goods = 0.75 × 160 = Rs. 120 Profit percentage = [(120 - 100)/100] × 100 = 20%
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A witness:
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