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The cost price of an article is ₹120. A dealer marks it above its cost price. If he sells it after giving a discount on its marked price, then his profit per cent is?

  1. A
  2. B
  3. C
  4. D

Solution & Step-by-step Explanation

Note: The exact cost price value (₹120) is not required to calculate the profit percentage.Let the Cost Price (CP) be .Marked Price (MP) is above CP:

Discount of is given on MP:

Selling Price (SP):

Profit percentage:

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The cost price of an article is ₹120. A dealer marks it above its cost price. If he sells it after giving a discount on its marked price, then his profit per cent is?
A
B
C
D

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