A merchant marks his wares 40% more than the real price and allows 20% discount. What is his profit ?

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Q 2212467339.     A merchant marks his wares 40% more than the real price and allows 20% discount. What is his profit ?
IBPS-CLERK 2017 Mock Prelims
A

12%

B

16%

C

18%

D

20%

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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