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If a merchantoffers a discount of 20% on...

If a merchantoffers a discount of 20% on the list price, then she makes a loss of 16%. What % profit or % loss will she makes if she sells goods at a discount of 10% of the list price?

A

14% profit

B

20% profit

C

50% profit

D

5.5% LOSS

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The correct Answer is:
D
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