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Rajeev purchased 100 pieces of an articl...

Rajeev purchased 100 pieces of an article Rs 480 per piece. He then listed the price so as to gain a profit of 25%. While selling the articles he offered a discount of 5%. What is the percentage of profit earned in the deal ?

A

`18.75`

B

`19.50 `

C

`15.00`

D

`20.00`

Text Solution

Verified by Experts

The correct Answer is:
A
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