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A shopkeeper marks an article 40% above its cost price and then allows a 10% discount on the marked price. If the cost price is ₹2000, what is his profit percent?

Competition practiceProfit, Loss & Discount
  • A24%
  • B25%
  • C26%
  • D28%

Step-by-Step Solution

Marked price = = ₹2800. Selling price = = ₹2520. Profit = 520 on 2000 = 26%.
Answer: C) 26%

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