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Marked price of an article is 20% more t...

Marked price of an article is 20% more than its cost price. At what percent less should it be sold for no profit and no loss?

A

14 `2/3` %

B

14 `1/3` %

C

16 `2/3` %

D

16 `1/3` %

Text Solution

Verified by Experts

The correct Answer is:
C
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