Question
 A shopkeeper buys an article for 1200. He marks it 30%
above cost price and gives 10% discount on marked price. What is his profit (in rupees)?Solution
ATQ, MP = 1200 + 30% of 1200 = 1200 + 360 = 1560 SP = 1560 − 10% of 1560 = 1560 − 156 = 1404 Profit = 1404 − 1200 = 204
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