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    Question

    A shopkeeper marks his goods 40% above cost price and

    allows a discount of 10% on the marked price. Find his profit percentage.
    A 26% Correct Answer Incorrect Answer
    B 32% Correct Answer Incorrect Answer
    C 42% Correct Answer Incorrect Answer
    D 53% Correct Answer Incorrect Answer

    Solution

    Let CP = Rs. 100 MP = 100 + 40% of 100 = 140 Discount = 10% of 140 = 14 SP = 140 − 14 = 126 Profit = 126 − 100 = 26 Profit % = (26/100)×100 = 26%

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