A shopkeeper gains 15 after allowing a discount of 20 on the market price of an article Find his profit , if the articles are sold at market price allowing no discount A shopkeeper gains 15 after allowing a discount of 20 on the market price of an article Find his profit , if the articles are sold...

A shopkeeper gains 15% after allowing a discount of 20% on the market price of an...

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1337614689

9th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Apr 03, 2023 03:22 AM

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After allowing a discount of 25% on the market price of an article, there is a gain of 20%. What is the profit % if the article is sold at market price i.e. allowing no discount?
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