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An item costing ₹200 is marked 25% above cost and then sold at a 10% discount. The profit percent is:
A12.5%
B15%
C10%
D25%
Answer & Solution
Correct answer: A. 12.5%
Marked = 200×1.25 = 250; SP = 250×0.9 = 225; profit = 25 on 200 = 12.5%.
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