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      Question

      A saree having cost price of Rs. 1500 is marked up by

      50% above its cost price and sold after offering two successive discounts of 10% and 20% respectively. What is the profit earned on selling the saree?
      A Rs. 120 Correct Answer Incorrect Answer
      B Rs. 100 Correct Answer Incorrect Answer
      C Rs. 80 Correct Answer Incorrect Answer
      D Rs. 60 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Marked price of the Saree = 1500 ├Ч 1.50 = Rs. 2250 Selling price of the Saree = 2250 ├Ч 0.9 ├Ч 0.8 = Rs. 1620 So, profit earned = 1620 тАУ 1500 = Rs. 120

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