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A Learning Portal from Recruitment India
A vendor sells his articles at a certain profit percentage. If he sells his article at 13
13 of his actual selling price, then he incurs a loss of 40%. What is his actual profit percentage?
80%
72%
120%
60%
Answer with explanation
Answer: Option AExplanation
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A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction
A makes a profit of 20%
A neither losses nor gains
A makes a profit of 11%
B loses 20%
Answer with explanation
Answer: Option CExplanation
Workspace
A dishonest dealer marks up the price of his goods by 20% and gives a discount of 10% to the customer. He also uses a 900 gram weight instead of a 1 kilogram weight. Find his percentage profit due to these maneuvers?
20%
12%
6%
18%
Answer with explanation
Answer: Option AExplanation
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