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    Question

    Mohan got a 20% discount on the marked price when he

    bought a bag. He sold it for 40% more than what he paid for it. The profit percentage on the marked price is:
    A 15% Correct Answer Incorrect Answer
    B 11% Correct Answer Incorrect Answer
    C 8% Correct Answer Incorrect Answer
    D 12% Correct Answer Incorrect Answer

    Solution

    The correct answer is D

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