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The marked price of an article is 25% above CP. After a 10% discount, the profit percent is
A10.0%
B12.5%
C15.0%
D18.0%
Answer & Solution
Correct answer: B. 12.5%
CP = 100; MP = 125; SP = 125 x 0.90 = 112.5. Profit = 12.5%.
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