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  1. A dealer marks his goods 20% above cost price and allows a discount of 10% to his customers. His gain percentage is
    1. 6%
    2. 9%
    3. 7%
    4. 8%
Correct Option: A

Let the C.P. of article be Rs. 100.
∴ Marked price = Rs. 120
According to the question,

After a discount of 10% S.P. =
120 × 90
= Rs. 108
100

∴ Profit = 108 – 100 = Rs. 8
∴ Profit percent =
8
× 100 = 8%
100



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