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Multiple choice

A manufacturer makes 1500 articles at a cost of Rs. 1.20 each. He fixes the selling price so that selling 1200 articles gives him 80% profit. But 300 articles are spoiled and cannot be sold. If the remaining are sold at the same selling price, what is his actual profit percentage?

  1. 84%

  2. 82%

  3. 89%

  4. 86%

Reveal answer Fill a bubble to check yourself
D Correct answer

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  • Profit, Loss and Discount (2604 questions)
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