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`        A trader buys goods at a 19% discount on the label price. If he wants to make a profit of 20% after allowing a discount of 10%, by what % should his marked price be greater than the original label price?`
8 years ago

ritu goyal
13 Points
```										Let the label price be = Rs.100. The trader buys at a discount of 19%.
Hence,  his cost = 100 - 19 = 81.

He wants to make a profit of 20%. Hence his  selling price = 1.2 (81) = 97.2

However, he wants to get this Rs.97.2  after providing for a discount of 10%. i.e. he will be selling at 90% of his  marked price.
Hence, his marked price M = = 108 which is 8% more than the  original label price.
```
8 years ago
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