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A shopkeeper marks his goods 30% above cost price and gives 10% discount. What is his profit percent?
Answer & Solution
Correct answer: D.
1. Let CP = 100. MP = 130. After 10% discount: SP = 130 × 0.9 = 117.
2. Profit = 117 − 100 = 17. Profit% = 17%.
3. Answer: 17%.
_Source: TSICET 2024 PYQ Q.81 (Shift 1, Profit and Loss)_
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