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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 15% more of what he pays for, while selling his goods to his customer he gives 8% less of what he charges for. Not only this, he marks up his goods by 20% and then to please his customer he offers her 42.84% discount on the marked price. How much profit or loss percentage does he make? |
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Answer» 14.28, profit |
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