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>> A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain per...
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Q. A trader lists his articles 20% above C.P and allows a discount of 10% on cash payment. His gain percent is:
a.
10%
b.
8%
c.
5%
d.
6%
ANSWER: 8%
Answer & Explanation
C.P = Rs. 100.
Then marked price = Rs. 120
S.P = 90% of Rs. 120 = Rs. 108
Gain = 8%
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