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What was the percent profit on the transaction?
5Directions: Study the information given below and answer the questions that follow.
An article was bought for Rs. 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price.
Q:
What was the percent profit on the transaction?
- 16.8%false
- 26.3%false
- 36.4 %true
- 46.6 %false
- 56.2%false
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