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If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage?
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1 Answer

 cp=100% profit=40% selling price= 140% marked price = 140%

mp=140*100/80= 175

40%discount in mp= 175 *60/100

New sp=105

new profit%= new sp-cp/cp *100

=105-100/100*100

=5


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