Mathematics · Profit and Loss
A trader gains 76% by selling an article after two successive discounts of 20% and 21% on its marked price. If the cost price of the article is increased by 15%, then what single approximate discount per cent should he now give on the same marked price to get the same profit percentage as earlier?
- 127.3%✓
- 231.0%
- 320.0%
- 430.9%
Correct answer
27.3%
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