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The price of an article reduces to 576 after two sucessive discounts. The markup is 80% above the cost price of Rs. 500. What is the new profit percentage if instead of two successive disconts the markup price was further increased successively two times by the same percentage?

1)259.2%

2)59.2%

3)159.2%

4)can't be determined


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    159.2%

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  • Exam: Profit and Loss QUESTIONS





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