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A shopkeeper buys an article for ₹800 and marks it 40% above cost. He then allows a discount of 10% on the marked price. Find his profit percent.

Competition practiceProfit, Loss & Discount
  • A30
  • B26
  • C28
  • D25

Step-by-Step Solution

Marked price = . Selling price = . Profit = 208, so profit% = 208/800 = 26%.
Answer: B) 26

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