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CHAPTER 4 · ROUND 3

Chapter 4 · Question 3.4

Key Idea

Beginner Knowledge. You have 60 seconds. Choose the one best answer. This question develops practical judgment in costs, prices, revenue, and profit.

A small cake with an original price of 30 yuan has a cost price of 16 yuan; today, it is being sold at a 20% discount (80% of the original price). What is the gross profit on this item after the discount?
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