Mathematics · Profit and Loss
A store declares a discount scheme as 'Buy 1 item and get 50% off on second identical item'. To attract more customers, the store gives a further discount of 16% on the total bill amount. What is the profit percentage of the store if each item has a cost price 50% below its marked price?
- 130%
- 226%✓
- 316%
- 424%
Correct answer
26%
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