The C.P of Jeans is how much less than its M.P, if the profit % after selling Jeans is double the % discount offered on Jeans?
Profit % =20% CP of Jeans =Rs 360 × 100/120 = Rs 300 MP= Rs 360 × 100/90= Rs 400 therefore, required difference = 400- 100=Rs 100
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To reduce a bank’s risks on confirmations and negotiations of irrevocable letters is called?
