A phone price was reduced by 200 from marked price and still there was a profit of 20%. If CP was 1500, What is the profit percentage if phone was sold on marked price
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CP = 1500
Profit % with discount = 20%
SP after discount =1800
MP =2000
Profit if sold on mp = 500
Profit% = 100/3
= 33 1/3 %
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