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Q.

A shopkeeper marks up his goods to gain 35%. But he allows 10% discount for cash payment. His profit on the cash transaction therefore, in percentage, is

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a

2112

b

3112

c

25

d

1312

answer is C.

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Detailed Solution

Let cost Price =₹100

∴ Marked price =₹135

After discount, selling price =135−13.5=121.5

∴  Profit %=121.5−100=21.5%

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