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A dealer allows 25% discount on the mark...

A dealer allows 25% discount on the marked price of an article and gains 20%. If the cost price of the article increases by 20%, how much discount percentage should he allow on the marked price so as to earn the same percentage of profit as before?

A

0.12

B

0.085

C

0.1

D

0.0725

Text Solution

Verified by Experts

The correct Answer is:
C
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