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A shopkeeper buys a watch for Rs 400. He marks 25% more on the watch, than the cost price. He allows 12% discount at the marked price. What is the percentage of profit?

Correct Answer: 10%

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Math MCQ: A shopkeeper buys a watch for Rs 400. He marks 25% more on the watch, than the cost price. He allows 12% discount at the marked price. What is the percentage of profit? | Extra Education