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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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