If marked price of an article an article is 30% more than its cost price and 10% discount is given, then profit per cent is

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Accepted Answer

Here, r = 30% and r1 = 10% ∴ Profit per cent = [{r x (100 - r1)}/100] - r1 = [30 x (100 - 10)/100] - 10 = [30 x 90/100] - 10 = 27 -10 = 17%

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