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A person sold an article at 20% profit o...

A person sold an article at 20% profit on the selling price. After wards, when the cost price re duced by 10%, then he also re duced the selling price by 10%. His percentage of profit on cost price will be

A

(A )0.3

B

(B) 0.25

C

(C) 22.5

D

(D) 12.5

Text Solution

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The correct Answer is:
B
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