Mathematics · Profit and Loss
A furniture store sells a dining table for ₹Z, making a 25% profit. During a festive season, they increase the marked price of the same table to ₹1.6Z. They then offer a special discount of 20% on this increased marked price. What will be the percentage profit made by the store during the festive season?
- 160%✓
- 262%
- 356%
- 426%
Correct answer
60%
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