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LUSTRATION 17. A dealer marks his goods 20% above cost but allowsntof 10% to the custoners. Find his actual gain per cent. |
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Answer» (100+profit)/(100+add on%)*100-100=10(100+profit)/(100+20)*100-100=10100+profit/120*100=110100+profit=110*120/100profit=132-100=32% |
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