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An article marked at ₹1200 is sold at a discount of 20%. If its cost price is ₹800, what is the profit percent? (answer in %)

Competition practiceProfit, Loss & Discount
  • A18
  • B25
  • C15
  • D20

Step-by-Step Solution

SP = = ₹960. Profit = 960 − 800 = ₹160. Profit% %.
Answer: D) 20

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