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An article costing ₹500 is marked at ₹650 and sold after a discount of 8% on the marked price. What is the profit percent?

Competition practiceProfit, Loss & Discount
  • A15
  • B18
  • C19.6
  • D20

Step-by-Step Solution

Selling price = ; profit = 98, so profit% %.
Answer: C) 19.6

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