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A shopkeeper marks the price of an item ...

A shopkeeper marks the price of an item keeping 20% profit. If he offers a discount of `12(1)/(2)%` on the marked price his gain percent will be

A

`4.5%`

B

`5%`

C

`7.5%`

D

`8%`

Text Solution

Verified by Experts

The correct Answer is:
B
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