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A dealer buys an article marked at rs 20...

A dealer buys an article marked at rs 20000 with two successive discounts of 10% and 8%.He spends rs 1440 on repairs and sells it for rs 20000, what is his profit / loss percent (correct to tone dicimal place)?

A

12.3% Profit

B

12.3% loss

C

11.1% Profit

D

11.1% loss

Text Solution

Verified by Experts

The correct Answer is:
C
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