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  9. Q97

IBPS PO 2024 · Question 97 of 260

Ques. 92. An article is marked at 40% above its cost price. When it is sold at a discount of d%, the seller earns a profit of 12%. If instead the article is sold at a discount of 2d%, find the resulting profit or loss percentage.

Profit and loss

  1. A8% profit
  2. B4% loss
  3. C12% profit
  4. D16% lossCorrect
  5. E20% loss

Answer: D. 16% loss

Official answer key verified. Detailed explanation coming soon.

Source: IBPS PO 2024 Prelims Memory Based Paper 19-Oct-2024 (Prepp) · memory-based

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