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A retailer uses faulty balances to purchase and sell the goods. He uses his faulty balances in such a way that while buying the goods from wholesaler he gets 20% more of what he pays for, while selling his goods to his customer he gives 10% less of what he charges for. If he earns a profit of 60% by how much per cent does he mark up his goods? |
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Answer» 40 |
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