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Rajendra marks up the price of an articl...

Rajendra marks up the price of an article by 50% and then allows a discount of 20% and sells it to Alok. Alok sells it for Rs 20 more than what he purchased for, this SP is 30% more than the original CP of the article. Then Alok's profit % is

A

`7.5%`

B

`6.66%`

C

`8.33%`

D

`9%`

Text Solution

Verified by Experts

The correct Answer is:
C
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