The marked price of a laptop is 40% higher than the cost price. If it is sold after applying a discount of 20% on the

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The marked price of a laptop is 40% higher than the cost price. If it is sold after applying a discount of 20% on the marked price, what is the profit % after selling the laptop?

A. 6%
B. 12 %
C. 18 %
D. 20 %
E. Cannot be determined

OA B
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