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Karthik marked an article at 60% above its cost price. He sold it at profit after 2 successive discounts of 10% each. Find the profit percentage.A. `40%`B. `35.5%`C. `20%`D. `29.6%` |
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Answer» Correct Answer - D Let the cost price of the article be ₹ 100. Its marketed price`=100(1+(60)/(100))` ₹ 160 Its selling price=₹ 160 `(1-(10)/(100))-(1-(10)/(100))` `=129.6` `:.` Profit percentage =29.6% |
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