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A furniture dealer in Jaipur prices a sofa 28% above its cost and then offers a festive discount of 12.5% on that price. What profit percent does he make?

Competition practiceProfit, Loss & Discount
  • A12
  • B15.5
  • C14
  • D10

Step-by-Step Solution

Take cost = 100. Marked price = 128; after 12.5% off, selling price = . Profit = 12%.
Answer: A) 12

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