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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.2688 including sales tax on the new marked price. Find :
(1) the rate of sales tax
(2) the traders profit as per cent

Answer :

1700 x 15 % = 255
1700 - 255 = 1445
1700 x 20 % = 340
1700 - 340 =1360
1445 + 1360 = 2805

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