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QUESTION
Q
A tradesman marks his goods at 20% above the cost price. He allows his customers a discount of 8% on marked price. Then...

Solution

Let, cost price, marked price and selling price be c, m and s respectively. m = (100 + 20) % c m = 1.2c s = (100...

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Solution

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Let, Cost price = 100 Then, marked price = 1.2 × 100 = 120 Selling price = 0.92 × 120 = 110.4 profit = 110.4 −...

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