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Q: A retailer would have made a profit of 18% if he sold an article at its marked price. If he allowed a discount of 10% on the market price, what would his actual profit on that article have been?
  • A. 6.2%
  • B. 5.5%
  • C. 7.1%
  • D. 4.6%
Correct Answer: Option A -
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Explanations:

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