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      Question

      Two vendors calculate their profit percentage on the

      cost price and selling price, respectively. What will be the difference between the profits (in β‚Ή) if both the vendors declare a profit of 28% on the goods sold for β‚Ή3,200?
      A 196 Correct Answer Incorrect Answer
      B 700 Correct Answer Incorrect Answer
      C 896 Correct Answer Incorrect Answer
      D 548 Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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