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Arithmetic
Sumit sold an article at a certain profit . Had he purchased the article for 12% less than what he actually purchased it for and sold it for 24% more than what he actually sold it for , his profit percentage would have been 5/2 times his actual profit percentage . Find his actual profit percentage .
1. 27.5%
2. 28.28%
3. 33.33%
4. 37.5 %


