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Question
What profit percent is made by selling an article at a certain price, if by selling at 2/3rd of that price, there would be a loss of 20%?
Options:
A .  20%
B .  25%
C .  13 1/30%
D .  12%
Answer: Option A
SP2 = 2/3 SP1
CP = 100
SP2 = 80
2/3 SP1 = 80
SP1 = 120
100 — 20 => 20%

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