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    Question

    The ratio of selling price, cost price, and marked price

    of an article is 4:2:7, respectively. If there is a profit of Rs. 600 in the transaction, then find the discount offered.
    A Rs.520 Correct Answer Incorrect Answer
    B Rs.700 Correct Answer Incorrect Answer
    C Rs.900 Correct Answer Incorrect Answer
    D Rs.885 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ, Let the selling price, cost price, and marked price of the article be Rs. 4x, Rs. 2x, and Rs. 7x, respectively. According to the question, Profit earned = 4x – 2x = Rs. 2x Therefore, 2x = 600 Or, x = 300 Therefore, discount offered = 7x – 4x = 3x = 3 × 300 = Rs. 900

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