Ethical codes<span> are adopted by organizations to assist members in understanding the difference between 'right' and 'wrong' and in applying that understanding to their decisions. An ethical code generally implies documents at three levels: codes of </span>business ethics<span>, </span>codes of conduct <span>for employees, and codes of professional practice.</span>
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That person is called a Bridge Learner .
Answer: Profit = Rs 240
Explanation:
The cost price will be:
= 2800 ÷ (100% + 40%)
= 2800 ÷ 140%
= 2800 ÷ 140/100
= 2800 × 100/140
= 2000
Cost price = Rs 2000
Since the article is sold by allowing 20% discount, the sales price will be:
= Rs 2800 - (20% × 2800)
= 2800 - (0.2 × 2800)
= 2800 - 560
= 2240
Selling price = Rs 2240
Therefore, profit = Rs 2240 - Rs 2000 = Rs 240
