A shopkeeper marks his goods 30% above the cost price and given a discount of 15% on the marked price. What gain% dies he make?

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Solution

Best idea to get instant answer is put the cost of product of to be Rs 100/-
Market price = 130 % of 100 = 130
selling price = 130-15% of 130 = 110.5
Net profit = 110.5 - 100 = 10.5 Rs on Rs 100
Net percentage gain = 10.5 %

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