- A20%
- B24%
- C26%
- D28%
Step-by-Step Solution
MP = = ₹1680; SP = = ₹1512. Profit = 1512 − 1200 = ₹312; 312/1200 = 26%.
Answer: C) 26%
A shopkeeper buys an article for ₹1,200 and marks it 40% above cost, then allows a 10% discount on the marked price. What is his profit percent?
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