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24 July, 07:03

A shopkeeper marks his goods at 40% above cost (the price he pays for the goods) and then offers a 25% discount. If a jacket costs the shopkeeper $200, at what price is it sold?

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  1. 24 July, 08:55
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    A shopkeeper marks:

    $200 * 1.4 = $280

    With a discount of 25%:

    $280 * 0.75 = $210
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