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A trader wants to earn 16 (2)/(3)% profi...

A trader wants to earn `16 (2)/(3)%` profit after allowing a discount of 25% find by how much percent he has to increase his cost price to make it marked price? (approximate)

A

A)`50%`

B

B)`56%`

C

C)`40%`

D

D)`52%`

Text Solution

Verified by Experts

The correct Answer is:
B
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