Asked by Muhammad
Shopkeeper sells his goods at 20% above the cost price. What will be the percentage profit he will earn if he discounts the price by 10% and then offer a seasonal discount of 5%?
Answers
Answered by
Steve
1.20 * 0.90 * 0.95 = 1.026
so he gets 2.6% profit
so he gets 2.6% profit
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