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      Question

      Cost price of an article is Rs X and marked price is

      400% more than cost price. To gain profit of 100%, what percent of discount should be offered on this particular article.
      A 65% Correct Answer Incorrect Answer
      B 63% Correct Answer Incorrect Answer
      C 60% Correct Answer Incorrect Answer
      D 62% Correct Answer Incorrect Answer
      E 61% Correct Answer Incorrect Answer

      Solution

      CP = x MP = 5x SP = 2x D% = (5x – 2x)/5x × 100 = 60%

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