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If commission of 10% is given on list price, the gain is 20%. Find the gain percent, if commission is increased to 20%?

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If commission of 10% is given on list price, the gain is 20%. Find the gain percent, if commission is increased to 20%?
posted Aug 10, 2016 by anonymous

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1 Answer

+1 vote

let the list prize be RS 100
then selling prize by allowing 10%=90
on the above deal,profit is 20%
hence C P=90X100/120=75
NO CHANGE IN LIST PRIZE IE 100
DISCOUNT ALLOWED 20%
SELLING PRIZE =80
5 OF GAIN=5/75X100=6.666
ANS =6.67%

answer Aug 11, 2016 by Gangadharan Kv



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