Question

A glass bowl originally priced at ₹550 is marked with a 38% markup above its cost price. It is then sold after applying two consecutive discounts: the first being a 10% reduction, followed by a flat discount of ₹56.10. What is the overall profit percentage earned on selling the glass bowl?

A 12.8%
B 14%
C 16%
D 11.6%
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