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A vendor marks his goods 24% above the cost price and allows a discount of 25%.What is his gain or loss % ?
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A vendor marks his goods 24% above the cost price and allows a discount of 25%.What is his gain or loss % ?
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Answer:
Step-by-step explanation:
Let cost price of Goods is 100.so Mark price is 125.
After allowing discount @12% selling price Will be 125*(100-12)%=110.so.profit percentage
110-100/100*100=10%
Answer:
The answer is 3% profit.