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A trader bought an articale for €250 and then added on 20% to get his selling price.Find the selling price and during a sale he reduced his selling price by 15% find his percentage profit on the arrival during the sale

Guest Feb 15, 2017
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Original Selling price  = €250 (1.20)  = €300

 

Selling price after 15% discount   =   €300 * .85  = €255

 

%profit on the original cost  =  [255 - 250] / 250 = .02  = 2%

 

 

cool cool cool

CPhill  Feb 15, 2017

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