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1). 20%2). 23.5%3). 28.5%4). 34.5% |
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Answer» Let the cost PRICE of the goods to be Rs. 100 He had initially marked his goods up by 40%. ∴ After40% mark-up, ⇒ MP = Rs. 100 + 40% of Rs. 100 ⇒ Rs.100 + Rs. 40 = Rs. 140 So,He OFFERS a discount of Rs. 40 on his MP of Rs. 140 ∴ The % discount offered by him = (Discount)/(Marked Price) × 100 ⇒ (40/140) × 100 = 28.5% ∴ The % discount offered by him is 28.5% |
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