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(i) A trader buys an article for Rs. 1700 at a discount of 15% on its printed price. He raises the printed price of the article by 20% and then sells it for Rs. 2,688 including sales tax on the new marked price. Find:

(i) the rate of sales tax

(ii) the trader profit as per cent.

2. A shokeeper buys an article for Rs. 2400 from a wholesaler at 20% rebate on its list price. He marks up the list price of the article bought by 10% and then sells it for Rs. 3498 including sales tax on the marked up price. Find:

(i) the rate of sales tax

(ii) the shopkeeper's profit as percent

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by ammasbodhi

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