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By selling an umbrella for Rs. 300, a shop keeper gains 20%. During a clearance sale, the shopkeeper allows a discount of 10% on the marked price. His gain percent during the sale is: |
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Answer» 8% C.P. = 100/120 * 300 = Rs. 250 Sale price = 90% of Rs. 300 = Rs. 270 Required GAIN % = 20/250 * 100 = 8%. |
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