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Mohan purchased a bag with 20 percent di...

Mohan purchased a bag with 20 percent discount on the labelled price. He sold it at 40 percent profit on the price he bought. The percentage of profit on the labelled price is:

A

0.2

B

0.12

C

0.18

D

0.24

Text Solution

Verified by Experts

The correct Answer is:
B
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KIRAN PUBLICATION-PROFIT AND LOSS -TYPE-VIII
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