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If a merchant offers a discount of 30% on the list price, then he makes a loss of 16%. What % profit or % loss will he make if he sells at a discount of 20% ofthe list price?1). 14 percent profit2).4 percent loss3). 26 percent profit4). 8 percent profit |
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Answer» 4 percent LOSS is the CORRECT ANSWER as per the SSC answer KEY |
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