The marked price of an item is Rs. 480. The shopkeeper allows a discount at 10% and gains 8%. If no discount is allowed, his gain percent would be
Marked price = 480
discount = 10%
Selling price = 480 - $$\frac{480 \times 10}{100}$$ = 432
Gain = 8%
Cost price = $$ 432 \times (\frac{100}{108})$$Â =Â 400
After no discount ,gain will be = 480-400 = 80
Percentage gain = $$\frac{80}{400} \times 100$$ = 20%
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