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The price of an article reduces to 576 a...

The price of an article reduces to 576 after two successive discounts. The markup is `80% above the cost price of ₹ 500. What is the new profit percentage if instead of two successive discounts the markup price was further increased successively two times by the same percentage?

A

`259.2%`

B

`59.2%`

C

`159.2%`

D

con't determinerd

Text Solution

Verified by Experts

The correct Answer is:
C
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