A merchant marks the price of his article 20 percent above t

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59

M: +2.00/-0.50

A merchant marks the price of his article 20 percent above the cost price. If he allows 10 percent discount, then what is the profit or loss percentage.

[SSC CHSL 21st March 2023 Shift-3 With Answers]

A

8 percent profit

B

3.33 percent loss

C

6 percent loss

D

5 percent profit

EXPLANATION

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