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The marked price of an article is 25% above the cost price of an article. The discount offered on online payment is 8%. What is the profit percentage if the shopkeeper sells two articles one with online payment and one with COD payment?

The marked price of an article is 25% above the cost price of an article. The discount offered on online payment is 8%. What is the profit percentage if the shopkeeper sells two articles one with online payment and one with COD payment? Correct Answer 20%

Let cost price of an article be Rs.100

Marked price of an article = 100 × 125/100 = Rs.125

Selling price when discount is given = 125 × 92/100 = Rs.115

Selling price when no discount = Rs.125

The cost price of two articles = Rs.200

Selling price of two articles = 125 + 115 = Rs.240

Profit percentage = (240 – 200)/200 × 100

∴ Profit percentage = 20%

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