A seller marks up his goods by 30% and allows x% of discount. If he makes 10% profit, find the value of x (appx) ?
Question
Solution 1
Sure, here is the step by step solution:
Step 1: Let's assume the cost price of the goods is $100.
Step 2: The seller marks up his goods by 30%, so the marked price becomes $130 (100 + 30% of 100).
Step 3: The seller makes a 10% profit, so the selling price is $110 (100 + 10% of 100).
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Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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