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A style cloth emporium the shopkeeper measures 20% less for every metre of cloth also he marks-up goods by 20%. What is the profit percentage? A. 50% B. 65% C. 75% D. 85% Answer: Option A

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Solution(By Apex Team)

Let CP = Rs. 100, then SP will be 120. He gives cloth worth Rs. 80 instead of Rs. 100. Hence, % Profit = $\frac{120-80}{80} \times 100=50 \%$

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