A television set is sold for ₹Q and the shopkeeper earns a profit of 25%. During a clearance sale, he marks the same set at 1.4Q and allows a discount of 15% on the marked price. What is his profit percentage during the sale?

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Accepted Answer

1. Find cost price: sold at ₹Q with 25% profit so $CP=Q/1.25=0.8Q$.
2. Marked price is $1.4Q$. After 15% discount sale price = $1.4Q	imes0.85=1.19Q$.
3. Profit = $1.19Q-0.8Q=0.39Q$.
4. Profit% = $\frac{0.39Q}{0.8Q}	imes100=48.75\%$.
FINAL_ANSWER: c

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Answer

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