Answer to Question #309375 in Algebra for Chie

Question #309375

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?

Expert's answer

"P=A(1+0.25)(1-0.12)=1.1A."

Percent profit: "\\frac{1.1-1}{1}=0.1=10\\%."

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