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Arun marks up the computer he is selling by 20% profit and sells them at a discount of 15%. Arun’s net gain percent is
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- 4%
- 2%
- 3.5%
- 2.5%
Correct Option: B
Given Here , a = 20% , b = 15%
Using the given formula ,
Net gain percent = | a - b - | a × b | % | ||
100 |
Net gain percent = | 20 - 15 - | 20 × 15 | % | ||
100 |
Net gain percent = (20 – 18)% = 2%