The marked price of an item is rs 1500 and 10 percent discount is given to make 20 percent profit. by what percent is the discount to be increased to get only 12 percent profit?

Thus a discount of 10% in 1500 is a discount of Rs. 150. Let s be the selling price. Our profit is equal to 20%, hence 120% of the cost price is equal to 1350, that is the same as saying that the cost price is equal to Rs.

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