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A Vendor sells his articles at a certain...

A Vendor sells his articles at a certain profit percentage. If he sells his articles at `1//3` of his actual selling price, then he incurs a loss of `40%`. What is his actual profit percentage?

A

0.72

B

1.2

C

0.8

D

none of these

Text Solution

Verified by Experts

The correct Answer is:
C
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