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Question

The printed price of an article is Rs. 900 but the retailer gets a discount of 40%. He sells the article for Rs. 900. Retailers' gain per cent is.
  1. 6623
  2. 60
  3. 6813
  4. 40

A
6623
B
40
C
60
D
6813
Solution
Verified by Toppr

Retailer gets a discount of 40% means he buys it at 60% of the price.
Thus, 60% of 900 =60100×900 =540
Profit on selling it at Rs. 900 =900540=360.
Profit % =ProfitC.P.×100
=360540×100
=6623
Therefore, retailer's gain percent is 6623.

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