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      Question

      If the marked price is 75% more than the cost price and

      a discount of 40% is allowed on the marked price, then the percentage profit is:
      A 6% Correct Answer Incorrect Answer
      B 7% Correct Answer Incorrect Answer
      C 8% Correct Answer Incorrect Answer
      D 5% Correct Answer Incorrect Answer

      Solution

      The correct answer is D

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