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      Question

      An item has its marked price and cost price in the ratio of

      4:3. If the discount offered is equal to the profit made, determine the profit percentage.
      A 12.24% Correct Answer Incorrect Answer
      B 18% Correct Answer Incorrect Answer
      C 16.67% Correct Answer Incorrect Answer
      D 25% Correct Answer Incorrect Answer

      Solution

      ATQ,

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