By selling an umbrella for Rs. 300,a shopkeep | vedclass

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(C) The selling price $(S.P.)$ is given by $S.P. = C.P. 	imes (1 + \frac{	ext{profit } \%}{100})$.Given $S.P. = 300$ and profit $\% = 20$,we have $3

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$8$

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(C) The selling price $(S.P.)$ is given by $S.P. = C.P. 	imes (1 + \frac{	ext{profit } \%}{100})$.Given $S.P. = 300$ and profit $\% = 20$,we have $300 = C.P. 	imes (1 + 0.20)$.Therefore,$C.P. = \frac{300}{1.2} = Rs. 250$.The marked price is $Rs. 300$. During the sale,a discount of $10 \%$ is allowed.New $S.P. = 300 	imes (1 - \frac{10}{100}) = 300 	imes 0.9 = Rs. 270$.Gain $\% = \frac{S.P. - C.P.}{C.P.} 	imes 100 = \frac{270 - 250}{250} 	imes 100 = \frac{20}{250} 	imes 100 = 8 \%$.

By selling an umbrella for $Rs. 300$,a shopkeeper gains $20 \%$. During a clearance sale,the shopkeeper allows a discount of $10 \%$ on the marked price. His gain per cent during the sale is

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