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A person buy a bag at 25% discount on it...

A person buy a bag at 25% discount on its original price. After few days, he sells it to his friend at 40% increase on the original. What is his profit percenatage (approx.) ?

A

0.75

B

0.8

C

0.87

D

0.85

Text Solution

Verified by Experts

The correct Answer is:
C
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