Question

a shopkeeper fixed the marked price of his television to make a profit of 40% . Allowing 20% discount on marked price the television was sold. What percent of profit will he make. ​

Answer 1

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➷ Find the two multipliers:

40% ==> 1.4

20% ==> 0.8

Multiply them:

1.4 x 0.8 = 1.12

He will make a 12% profit.

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