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Question

A trader marks his goods 60% above the cost price. He offers a certain discount on the marked price and earns a profit of 28%. (a) What discount percentage does he offer? (b) If he increases the discount by 10 percentage points, what will be his new profit percentage?

A 20% and 12%

B 15% and 18%

C 20% and 30%

D 18% and 12%

E None of these

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