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    Question

    A shopkeeper marks an item 40% above cost price and

    gives 10% discount on marked price. Find profit percent.
    A 12% Correct Answer Incorrect Answer
    B 33% Correct Answer Incorrect Answer
    C 26% Correct Answer Incorrect Answer
    D 42% Correct Answer Incorrect Answer

    Solution

    Let CP = 100 MP = 140 SP after 10% discount = 140*(90/100) = 126 Profit% = ((126−100)/100)*100 = 26% Answer: 26%

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