A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10% for cash?
A shopkeeper marks his sarees at 20% above the cost price and allows the purchaser a discount of 10% for cash buying. What profit percent does he make?
the result is 90% of 120% = 0.9 x 1.2 = 1.08 or 8% profit