Question

A shopkeeper buys an article for Rs 800. He marks it 50% above the cost price and allows a discount of 20% on the marked price. Find the selling price and profit percentage.

A SP = Rs 900, Profit = 10%.
B SP = Rs 960, Profit = 20%.
C SP = Rs 860, Profit = 10%.
D SP = Rs 770, Profit = 28%.
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