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Quantitative Aptitude

Profit, Loss & Discount

A dealer give...

Question

A dealer gives as much discount (in per cent) as the markup (in per cent) above the cost price. What is the profit or loss per cent?

A

10%

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B

1%

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C

4%

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D

can't be determined

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Solution

The correct option is D can't be determined
It is dependent upon the markup (%) or discount (%)

Hence we can't determine.

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