1. A head office sends goods to its branch at 20% less than the list price. Goods are sold to customers at cost plus 100%. From the following particulars, ascertain the profit made at the head office and the branch on wholesale basis.
2. A head office sends goods to its branch at 25% less than the list price. Goods are sold to customers at cost plus 60%. From the following particulars, ascertain the profit made by the head office and by the branch.
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