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Rajendra marks up the price of an articl...

Rajendra marks up the price of an article by 50% and then allows a discount of 20% and sells it to Alok. Alok sells it for Rs 20 more than what he purchased for, this SP is 30% more than the original CP of the article. Then Alok's profit % is

A

0.075

B

0.0666

C

0.0833

D

0.09

Text Solution

Verified by Experts

The correct Answer is:
C
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