Question
Akash bought a sofa for Rs. 12500. After one year he sold it to Deepak at 12% less of his cost price. Deepak spends extra Rs. 500 for its repair. And offered sofa to Sujit for Rs.X. Sujit requested to get a discount of 20% on that price. But Deepak gave him two successive discounts of 8% and 12% instead of 20%.By this Deepak got Rs. 300 more from Sujit. What is the profit % of Deepak?
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