Profitable Radio

Algebra Level 3

Mahesh and Umesh both purchase a radio for the same price, and it mark up by the same amount. Mahesh first gives a discount of Rs. 20, followed by another discount of 20% on the reduced price, while Umesh first gives a discount of 20%, followed by a discount of Rs. 20.

If Mahesh's profit percent is thrice of Umesh's loss, what is Mahesh's profit (in Rs.)?

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