Q. |
A shopkeeper marks his goods 50% above his cost price and allows a discount of 20%. What percentage profit does he make? |
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A. 30% |
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B. 20% |
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C. 25% |
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D. 15% |
It is a case of successive change.
Apply AB Method.
50 - 20 - 50*20/100 = 20
The shopkeeper makes a profit of 20%