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An article costing Rs. 20 was marked 25%...

An article costing Rs. 20 was marked 25% above the cost price. After two successive discounts of the same percentage, the customer now pays Rs. 20.25. What would be the percentage change in profit had the price been increased by the same percentage twice successively instead of reducing it?

A

3600

B

3200

C

2800

D

4000

Text Solution

Verified by Experts

The correct Answer is:
D
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