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Monday, August 8, 2022

A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labelled price. What is the actual percent profit earned in the deal ?

A shopkeeper labelled the price of his articles so as to earn a profit of 30% on the cost price. He then sold the articles by offering a discount of 10% on the labelled price. What is the actual percent profit earned in the deal ?
A18%
B15%
C20%
DCannot be determined

Correct answer is: Cannot be determined

Explanation:

Let the cost price of the article be Rs. 100.

Therefore, Marked price = Rs.130

 

Therefore, S.P. of the article =  130×90100= Rs.117

Actual gain per cent = 17

nithin
answered Aug 8 '2022 at 22:59

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