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Multiple choice

The marked price of an article is 28\% higher than its cost price. Find the profit or loss percentage if the shopkeeper gives 25\% discount.

  1. Loss 5%

  2. Profit 5%

  3. Loss 4%

  4. Profit 4%

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

If CP = 100, MP = 128. After 25% discount, SP = 128 × 0.75 = 96. Loss = 100 - 96 = 4%.

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