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The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent,

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The cost price of an article is Rs. 2,400 and it is marked at 25% above the cost price. Find the profit and the profit percent, if the article is sold at 15% discount.

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C.P. = Rs.2400

Marked price = (2400(100 + 25)/100)

= 24 x 125

= Rs.3000

Discount = 15%

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