A merchant allows a discount of 20 percent on marked price.

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69

M: +2.00/-0.50

A merchant allows a discount of 20 percent on marked price. If he wants to earn a profit of 20 percent, then marked price will bellow much percentage more than the cost price?

[SSC CHSL 10th March 2023 Shift-1 With Answers]

A

50 percent

B

40 percent

C

45 percent

D

37.5 percent

EXPLANATION

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