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Shopkeeper marks article 50% above CP, allows 20% discount, earns ₹40 profit. If 25% discount given, what is profit?

1. 40
2. 50
3. 25
4. 10

Correct answer: 25

Solution

MP=1.5×CP. SP at 20% disc=1.2×CP. Profit=0.2×CP=40 → CP=200, MP=300. At 25% disc: SP=300×0.75=225. Profit=225-200=25.

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