Quantitative Aptitude Profit and Loss Discount and MP

By giving a discount of 10% on the marked price of a toy, a shopkeeper makes a profit of 20%. If a discount of 20% is given then it is profitable.

1
8%
2
\(6\frac{2}{3}\%\)
3
\(7\frac{1}{3}\%\)
4
10%

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