Question
A retailer announces a discount of 25% for selling a
mobile phone marked at ₹48,000. The cost price of the mobile phone is 45% below the marked price. He offers a further discount of 7.5% if the buyer returns his old mobile phone. What is the ratio of the profit percentages of the retailer with the return of the old mobile phone scheme to that of without the return of the old mobile phone, respectively?Solution
The correct answer is D
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