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A tradesman marks his goods 25% above the cost price and allows his customers 12 % reduction on their bills. What percent profit does he make?

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The correct Answer is:
Let CP= Rs. 100, therefore, MP= Rs. 125, Discount% = 12% SP = 88% of MP = 88% of 125 = Rs. 110. Profit = 110 – 100 = Rs. 10 Profit = 10%.
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