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    Question

    A product, coffee beans, was marked up by 40% above the

    cost price and sold at a discount of ____%. The profit earned by the retailer is ____%. The values given in which of the following options will fill the blanks in the same order to make the statement true? I. 24, 6.4┬а II. 20, 12┬а III. 15, 19 ┬аIV. 18, 14.8
    A Only I and IV Correct Answer Incorrect Answer
    B Only II and III Correct Answer Incorrect Answer
    C Only II, III and IV Correct Answer Incorrect Answer
    D Only I, II and IV Correct Answer Incorrect Answer
    E All I, II, III and IV Correct Answer Incorrect Answer

    Solution

    ATQ, Let the cost price of the item coffee beans be Rs. тАШaтАЩ. Marked price of the item = Rs. 1.4a From option I: S.P of the article = 1.4a ├Ч 0.76 = Rs. 1.064a Profit percentage = 6.4% So, option I can be the answer. From option II: S.P of the article = 1.4a ├Ч 0.8 = Rs. 1.12a Profit percentage = 12% So, option II can be the answer. From option III: S.P of the article = 1.4a ├Ч 0.85 = Rs. 1.19a Profit percentage = 19% So, option III can be the answer. From option IV: S.P of the article = 1.4a ├Ч 0.82 = Rs. 1.148a Profit percentage = 14.8% So, option IV can be the answer.

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