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A shopkeeper marks up his goods by 20% and then gives a discount of 20%. Besides he cheats both his supplier and customer by
A shopkeeper marks up his goods by 20% and then gives a discount of 20%. Besides he cheats both his supplier and customer by 100 g, i.e., he takes 1100 g from his supplier and sells only 900 g to his customer. What is his net profit percentage? (Rounded off to two decimal points) 1) 24.5% 2) 17.33% 3) 25% 4) 32.5% 5) None of these
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Accounting For Cambridge International AS And A Level
Authors: Jacqueline Halls Bryan, Peter Hailstone
1st Edition
0198399715, 978-0198399711
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