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A merchant makes a profit of 20% by sell...

A merchant makes a profit of 20% by selling an article. What would be the percentage change in the profit percent had he paid 10% less for it and the customer paid 10% more for it?

A

1.2

B

1.25

C

1.3333

D

1.5

Text Solution

Verified by Experts

The correct Answer is:
C
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