What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550.  III. A discount of 10% on labeled price was offered.

A.Only I

B.Only II

C.I and III

D.All the three are required

E.Question cannot be answer even with information in all the three statements.

Show Answer

Answer=Option C

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