Percentage Practice Test 8 with solutions

Question : 16 of 38

Marks: +1, -0

A shopkeeper marks the prices of his goods at 35% higher than the original price. After that, he allows a discount of 15%. What is his profit?

Solution:

Let x = 35% and y = 15%
Then net profit

=(x-y-{xy}/100)%

=(35-15-{35×15}/100)%

= 14.75%

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