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A shopkeeper marks the prices of his goods at 25% higher than the original price. After that, he allows a discount of 12% discount. What profit or loss did he get ?
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- 15% profit
- 10% profit
- 10% loss
- 15% loss
Correct Option: B
By question, Profit per cent or loss per cent.
= + 25 − 12 − | = 10% | |
100 |
As the sign is +ve so, there is a profit of 10%.