"A shopkeeper marks his goods at 40%, above the   cost price but allows a discount of 5%
Channel: Doubtnut
Date: 2020-07-05

"A shopkeeper marks his goods at 40%, above the
 
  cost price but allows a discount of 5% for cash payment to his customers.
 
  What actual profit does he make, if he receives Rs 1064 after paying the
 
  discount?"