1.

A Merchant Marks His Wares 40% More Than The Real Price And Allows 20% Discount. His Profit Is:

Answer»

Let the CP = 100 Rs.

MARK Price = 140

Discount = 20%

Selling price 80/100 × 140 = 112

HENCE profit = 12%

Let the CP = 100 Rs.

Mark Price = 140

Discount = 20%

Selling price 80/100 × 140 = 112

Hence profit = 12%



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