1.

An article was bought fort ₹5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the market price. What was the percent profit on the transaction ?A. `6.8%`B. `6.3%`C. `6.4%`D. `6.6%`

Answer» Correct Answer - C
Profit% `=(595.84 -5600)/(56000) xx 100`
`= (358.4)/(56) = 6.4%`


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