A shopkeeper labelled the price of his articles so as to earn a profit of 40 on the cost price He then sold the articles by offering a discount of 20 on the labelled price What is the actual percent profit earned in the deal 1 18 2 12 3 15 4 Cannot be determined None of these 5 A shopkeeper labell...

Solution 2 Let the cost price of the articles be Rs 100 So the ...

A shopkeeper labelled the price of his articles so as to earn a profit of 40%...

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Economics Principles and Policy

ISBN: 978-0538453653

12th edition

Authors: William J. Baumol, Alan S. Blinder

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Posted Date: May 05, 2022 09:53 PM

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A shopkeeper labelled the price of his articles so as to earn a profit of 40%...

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Economics Principles and Policy

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