# Jeeban bought an article with 30% discount on the labelled price. he sold the article with 12% profit on the labelled price. what was his % profit on the price he bought

1
by ladoo2

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by ladoo2

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his CP is 100 - 30% of 100

=100- 30 =70

now , his SP is labelled price + 12% of labelled price

=100 +12= 112

now gain = SP - CP

= 112 -70 = 42

profit % = (42×100)/70

= 60%